Yield curves

Question 1 of 6

Match the cashflow patterns below (A to C) to the appropriate yield (X to Z).

A a single cash flow occurring in the future and being valued now
B a single cash flow occurring at period n in the future being valued at period n-1
C a finite series of cash flows; one small ‘coupon’ payment at the end of each period and a single redemption payment with the final ‘coupon’ payment, all being valued now.

X the par yield
Y the zero coupon yield
Z the forward yield