The loop shown in Fig.1 moves away from a wire carrying a current I1 = 10 A at a constant...

The loop shown in Fig.1 moves away from a wire carrying a current I1 = 10 A at a constant velocity . If R = 10 Ω and the direction of I2 is as defined in the figure, find I2 as a function of y0, the distance between the wire and the loop. Ignore the internal resistance of the loop.

Figure 1

Moving loop.