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trader59

01/29/22 4:07 PM

#184621 RE: CUIN2 #184620

Nope. A percent is 1/100th of the whole, so 1 percent of $4.2T is $42B.

1/10th of 1% would be $4.2B
1/100th of 1% (0.01%) would be $420M
1/1000th of 1% (0.001%) would be $42M.