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A borrower comes to market with a 7% yield for a 10-year bond. The DV01 is 7 (0.0007). An investor comes in with a strong

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A borrower comes to market with a 7% yield for a 10-year bond. The DV01 is 7 (0.0007). 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

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