How many basis points did it increase

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Reference no: EM131233970

1. If the interest rate of 9% increases to 12%, how many basis points did it increase?

2. If the interest rate of 10% decreased by 20 basis points, what is the new interest rate?

3. A project has a rate of return of 30%. What is the payoff if the initial investment is $250?

Reference no: EM131233970

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