Assume that all the Debt of a company will mature in one year. Provide a table indicating the payoffs to the bondholders (i.e. debtholders) of the company at the time of maturity of debt. Also, design a portfolio based on options that exhibits a similar payoff. Explain in words the position in debt expressed as the option strategy.

Provide a table indicating payoffs to the shareholders of the above company and design a portfolio based on option/s that exhibits a similar payoff.