Hi, please may I know whether there is any rule that specifies that a basis point must be used in some circumstances, and percentage in the others, or both can be used in actuality?
Thank you.
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Basis Points vs. Percentage (%)
4y ago#1No - there is no rule.
More often than not exam questions state things in terms of basis points, but there is no problem converting them and using %'s in your answer.
I see. Thank you.
4y ago#3You are welcome.
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