Answer:
considering that an address is not mentioned, following is a letter in regards to payment procedure,
xxx
xxx(address),
To whoever it may concern,
Dear Sir/Madam,
I am writing this letter to you, seeking a few answers in regards to your leaflet.I recently came accross your advertisement for products.
I wanted to inquire in regard to the sauna Belt that ur offering.it was mentioned that a scale is going on till the 31st of January. could you kindly mention the suitable payment procedure for this order.
Thank you,
your sincerely,
shivangi sharma
<h2>plz mark me as brainlist</h2>
Answer:
True
Explanation:
The fixed exchange rate came to an end in 1971 in the US.
Before 1971, the US currency value was tied to an ounce of gold. In 1971 the US economy was undergoing a recession. The US authorities bought all the gold value backing the dollar to end the recession. The dollar became a fiat currency.
The year also marked the beginning of the floating exchange system for the dollar.
Answer:
Which stock has more systematic risk?
Which stock has more total risk?
Explanation:
Systematic risk refers basically to the stock's risk compared to the market risk, when the stock's beta = 1, its systematic risk is the same as the market risk. In this case, since XOM has a larger beta than GM, then its systematic risk is higher.
To calculate which stock has a higher total risk I just multiply the stock's beta times the expected volatility, and GM's risk is higher.