This math scares me
Alex Martelli
aleaxit at yahoo.com
Thu Mar 15 07:11:39 EST 2001
"Werner Schiendl" <ws-news at gmx.at> wrote in message
news:984610248.564504 at newsmaster-04.atnet.at...
> > In fiancial calculations you also need to represent numbers
> > that aren't amounts of money. Interest rates for example.
>
> How about 1/100 of a percent?
(Normally called a "basis point", btw -- at least when one is
discussing _changes_ in a security's yield).
Alex
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