The Zero Curve Is Upward Sloping

question 13

Multiple Choice

The zero curve is upward sloping.Define X as the 1-year par yield,Y as the 1-year zero rate and Z as the forward rate for the period between 1 and 1.5 year.Which of the following is true?

• A) X is less than Y which is less than Z
• B) Y is less than X which is less than Z
• C) X is less than Z which is less than Y
• D) Z is less than Y which is less than X

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Definitions:

Obstetricians

Medical doctors specialized in pregnancy, childbirth, and the postpartum period.

Pharmacy Technician

A healthcare professional who assists pharmacists in dispensing prescription medication to patients or health professionals.

Pharmacist

A healthcare professional who is trained to prepare and dispense medications prescribed by doctors and other health practitioners.

Nursing Assistant

A healthcare professional who provides basic care and assistance with daily living activities to patients or residents in healthcare facilities.