Which of the Below Statements Is TRUE

Multiple Choice

Which of the below statements is TRUE?

A) Fifty basis points are equal to one-fifth percentage point, and a yield change from 9% to 9.2% represents a 50 basis point change in yield.
B) One basis point is defined as 0.0001, or equivalently, 0.01%.
C) A yield change from 7% to 7.5% is a 0.50 basis point change.
D) A yield change from 6% to 8.35% is a 2,350 basis point change in yield.