Good Time Company is a regional chain department store. It will remain in business for one more year. The probability of a boom year is 80 percent and the probability of a recession is 20 percent. It is projected that the company will generate a total cash flow of $199 million in a boom year and $90 million in a recession. The company's required debt payment at the end of the year is $124 million. The market value of the company's outstanding debt is $97 million. The company pays no taxes. a. What payoff do bondholders expect to receive in the event of a recession? b. What is the promised return on the company's debt? c. What is the expected return on the company's debt