JustAnswer
>
Finance
Ask A Question
|
Register
|
Login
|
Help
Finance
Ask a Finance Question, Get an Answer ASAP!
Have your own Finance question?
3 Financial Professionals are Online Now
characters left:
Not a Finance Question?
Question
point goes up or down
Optional Information:
york, United Kingdom
Submitted: 1449 days and 23 hours ago.
Category: Finance
Value: $5
Status: AWAITING CUSTOMER ACTION
Answer
Point is a unit equal to one dollar, used to quote or state variations in the current prices of stocks or commodities.
A unit equal to one percent, used to quote or state interest rates or shares in gross profits.
One percent of the total principal of a loan, paid up front to the lender and considered separately from the interest.
http://www.thefreedictionary.com/point
For example, A TSE report said the index for the main section listings slipped by 115 points to 12,302 points, that for the second section listings by 51 points to 11,433 points, that for the industry index by 80.4 points to 9,385 points, that for the average weighed index of 50 companies by 13.3 points to 917 points and that for simple average index by 173.8 points to 21,945 points.
Expert:
Alexey Yakovlev
Pos. Feedback:
100.0 %
Accepts:
Answered:
12/3/2005
Financial Manager
MBA
Related Finance Questions
why is marketing ascience ...
Old Alfred road Minicase
Question is: determine the appropriate market price of a
You enter into a forward contract to buy a 10-year, zero ...
Calculate the expected return from a stock who’s Beta is ....
books on business administration
I see GMAC bank is rated 4 or 5 stars on CDs. How is ...
You enter into a forward contract to buy a 10-year, zero ...