A public firm is facing financial distress. The firm has a 20 million loan due at the end of the year. The company's assets currently have a market value of only 15 million including 2 million in cash. The firm is considering two possible alternative uses for this cash. One possibility is to pay the 2 million out to shareholders in the form of a special cash dividend at the end of the year. The second possibility is to invest the 2 million into a project that offers a 4 million cash inflow at the end of the year. b. Which alternative would equity holders prefer, and which alternative would debt holders prefer? Explain your answer. (8 marks)