Delos Debt Renegotiations (B). Delos is contimuing to renegotiate as prior loan agreement (te0 milion for six years at 8623% per annum senous tax revenue shortfals, and feans for its abiliy to sorvice its debt obligations. So it has decided to get more agcessive, and has gons back io its lunders with a request for a hairit, a reduction in the remaining loan amount. The banks have, so far, only agreed to restructure the loan agreement for another two years (new laan of sa years on the ramaning principal balance) tut af an interest rate a full 200 basis points highes, 10.623% a. If Delos accepts the carrent bank peoposel of the remaining principal for sicyears (extending the loan an addtoral two years since two of the original sic years five arsacy fasses, but at ihe new interest rate, what are its annual payments going to be? How much reliet does this provide Delos on annual debt senice? b. Delos's demands for a halrut are bosed on getting the new annual debt service payments down. If Delos does agree to the new loan terms, what sion of harcut thould a ty is gat hiom is incties to get is poyments down to E10 milion per yean? a. If Deios accepts the current bank proposal of the remaining principal for six years (exiending the loan an addsonal two years since two of the original six years have aiready pasedf eut at the. new interest rate, What ars its annual peyments going to be? Delos's annual pmenent under the orginal ioan agreement is t (Round to two decimal places.) Data table Delos's prior loan agreement of 80 million for six years at 8.623% per annum: Current balance 80,000,00069,264,794.5657,603,892.3544,937,470.5531,178,823.2016,233,767.68