![]() If the Ruler is not displayed, click the View tab in the Ribbon and ensure the Ruler check box is checked. Beside Show measurements in units of, choose inches, centimeters, millimeters, points or pics from the drop-down menu.īelow is the Word Options dialog box with the option to change measurement settings:īelow is the Ruler in Microsoft Word in inches:īelow is the Ruler in Microsoft Word in centimeters (cm):.Scroll down to the Display group in the panel on the right.Click Advanced in the categories on the left.To change the measurement system in Microsoft Word from centimeters to inches or to another unit of measure: Recommended article: How to Hide Comments in Word (or Display Them)ĭo you want to learn more about Microsoft Word? Check out our virtual classroom or in-person Word courses > Changing the measurement system in Microsoft Word Word and most graphic design programs support points, picas and other units and it is easy to convert from one unit to another. Unless the client or publication has a specific requirement for a type of measurement, most Microsoft Word users measure in inches or centimeters. Changes in the measurement system will affect Word's Ruler as well as various dialog boxes (including the Paragraph dialog where you can change paragraph indents). You can choose inches, centimeters, millimeters, points or picas. If you'd prefer to work in inches rather than cm (centimeters) or vice versa, simply change the measurement system in Word's Options. You can easily change the measurement system units in Microsoft Word for all of your documents. ![]() Thank you for reading CFI’s guide on Basis Points (BPS).Changing the Measurement Units for Your Word Documents (Inches to Centimeters or Vice Versa)īy Avantix Learning Team | Updated January 10, 2021Īpplies to: Microsoft ® Word ® 2010, 2013, 2016, 2019 and 365 (Windows) Debt securities, such as mortgage loans.Equity securities, such as common stock.The usage of basis points is primarily applied to yields and interest rates, but they may also apply to the change in the value of an asset, such as the percentage changes of stock values. Using basis points eliminates this confusion by stating that there is an increase in the interest rate of 100 basis points. For example, when discussing an interest rate that has increased from 11% to 12%, some may use the absolute method stating there is a 1% increase in the interest rate, while some may use the relative method stating a 9.09% increase in in the interest rate. To avoid ambiguity and confusion when discussing relative and absolute interest rates, especially when the rate difference is less than 1 percent, but the amount has material importance.To describe incremental interest rate changes for securities and interest rate reporting.The main reasons investors use BPS points are: Percentage to basis points – Multiply the percentage by 100.Basis points to percentage – Divide the points by 100.To convert the number of basis points to a percentage and, in turn, a percentage to basis points, without using a conversion template or chart, review the following: reported high earnings, more than what was estimated the stock increased 330 BPS, or 3.3 percent, in one day.Ĭonversion Between Basis Points and Percentage Due to the growth of iPhone sales, Apple Inc.The Federal Reserve boosts interest rates by 100 BPS, signaling an increase from 10 percent to 11 percent.The difference between bond interest rates of 9.85 percent and 9.35 percent is 0.5 percent, equivalent to 50 basis points.The succeeding points move up gradually to 100%, which equals 10000 basis points, as illustrated in the diagram below. This metric is commonly used for loans and bonds to signify percentage changes or yield spreads in financial instruments, especially when the difference in material interest rates is less than one percent. BPS are used for measuring interest rates, the yield of a fixed-income security, and other percentages or rates used in finance. In finance, Basis Points (BPS) are a unit of measurement equal to 1/100th of 1 percent.
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