ifi corporation has tow loans outstanding. one loan is to certain bank for 400$, while a senior bond holder is owed 150$. ifi corporation wants to put itself into liquidation and default on its loans. The liquidation value is 160$. the management of ifi corporation has special qualities that would result in a pay-off of 420$ with aprobability of 0.8, otherwise zero. for the management to continue, it would have to be paid 10$. carefully outline the options available to certain bank.