4. A 10 -year bond of a firm in financial distress has a coupon rate of 14% and sells for $900. The firm's debtholders have agreed to accept half the originally contracted coupon rate (the firm will be able to make these lower interest payments). a. What is the stated (originally contracted) YTM of the bond? b. What is the expected yield-to-maturity of the bond after the negotiation? c. In general, what would be the likely effect on the yield of a corporate bond if the firm's debtto-equity ratio increased? Explain