Ifi Corporation has two 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 a probability 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