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40 basis points in decimals
.09 percent = .0009 = 9/10000.
1,250
EEx. 35 basis points would be .0035.
0.4% . 100 basis points are equal to 1%
0002 is the same as 2 and 0009 is the same as 9 So 2 is less than 9
0.008
0.65%
2.5%
4%
4000
375000