as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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list and explain the steps for boiling an egg.
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the steps for boiling an egg are as follows: 
1. place the egg in a pot of water and bring the water to a boil. 
2. once the water has reached a boil, turn off the heat and let the egg sit in the hot water for 8-10 minutes (for a hard boiled egg). 
3. remove the egg from the pot, cool it in cold water, and peel it.
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