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2 . A borrower comes to market with a 2 % yield for a 1 0 - year bond. The DV 0 1 is 9

2.A borrower comes to market with a 2%yield for a 10-year bond. The DV01is 9(0.0009).
An investor comes in with a strong preference for a discount bond. The issuer finds that attractive.
For technical reasons, the bond must have a price of at least 90%. So they agree to issue a bond at 90%.
What would the coupon be?How did you calculate that? Explain the logic. Please show work.

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