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QUESTION
If I just bought a 15 yr maturity Xerox corporate bond rate AA with a 0% coupon, and I expect to sell the bond in eight years.
If I just bought a 15 yr maturity Xerox corporate bond rate AA with a 0% coupon, and I expect to sell the bond in eight years. What is my expected interest rate at the time of sale (watch out for rounding error)
