Assume that interest rate parity holds. the u. s. five-year interest rate is 5 percent annualized, and the mexican five-year interest rate is 8 percent annualized. today's spot rate of the mexican peso is $.20. what is the approximate five-year forecast of the peso's spot rate if the five-year forward rate is used as a forecast?

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.