Express 25 basis points as a percentage.

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Prepare for the NMLS Laws and Regulations Test with multiple choice questions and detailed explanations. Enhance your understanding and get ready to ace your exam with confidence!

Multiple Choice

Express 25 basis points as a percentage.

Explanation:
Basis points translate to percentage points: one basis point is 0.01 percentage point. So 25 basis points equals 25 × 0.01% = 0.25%. The other values correspond to 2.50% (250 basis points), 25.00% (2,500 basis points), and 0.025% (2.5 basis points), none of which match 25 basis points.

Basis points translate to percentage points: one basis point is 0.01 percentage point. So 25 basis points equals 25 × 0.01% = 0.25%. The other values correspond to 2.50% (250 basis points), 25.00% (2,500 basis points), and 0.025% (2.5 basis points), none of which match 25 basis points.

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