Only fluorine is more reactive among non-metallic elements. It is two electrons short of a full octet and readily takes electrons from other elements. It reacts violently with alkali metals and white phosphorus at room temperature and less violently with alkali earth
By Chad Langager AAA |. A: A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent) or 0.0001 in decimal form. In most cases, it refers to changes in interest rates and bond yields.
The exact value of one basis point is equal to 1/100th of one percent. Or, simply put, a basis point is exactly 1% of 1%. For example, a rate of 3.27% is equivalent to 327 basis points. Basis points are largely used to indicate rate changes that are less than one percent in order to identify, as concretely as possible, the absolute value of such rates. A 1% increase on an 8% interest rate could mean an increase of the initial 8% to as low as 8.1% or as high as 9%.