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In common usage
the baud rate of a modem is how many bits it can send or receive
per second. Technically, baud is the number of times per second
that the carrier signal shifts value - for example a 1200 bit-per-second
modem actually runs at 300 baud, but it moves 4 bits per baud
(4 x 300= 1200 bits per second).
See
also: Bit,
Modem
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