SIE - Securities Industry Essentials Exam
The FED just cut rates by 1/2 of 1 percent. How many basis points was the rate cut?
each hundredth of a percentage point is a basis point. So, a .5 percent rate cut is a 50 basis point cut.
Part of the questions for each course
- 20 of 150
- Series 6
- 30 of 500
- Series 7
- 50 of 625