What is a "Basis Point" (bps) in finance? Option: "A unit of measurement equal to 1% of the total investment.", "A type of investment strategy focused on short-term gains.", "A measure of risk associated with a particular investment.", "A unit of measurement equal to 1/100th of 1%"

What is a "Basis Point" (bps) in finance?

Why is the P/B ratio considered more relevant for banks than the P/E ratio?

What is a key factor that influences a bank's P/B ratio?

According to the text, what is a key factor that contributes to the effectiveness of compounding?

What does the Earnings Per Share (EPS) measure?

What is a bonus issue and how does it impact a shareholder's investment?