You are the manager of a highly levered company. All the debt will mature in a month. If the value of the company is higher than the debt in one month, you will pay off the debt. If the value of the company is less than the debt, you will declare bankruptcy, and the debtholders will own the company. (15 points] a. Express your position as an option on the value of the company and draw the payoff diagram[5 points) b. Express the position of the debtholders in terms of options on the value of the company and draw the payoff diagram (5 points) c. What can you do to increase the value of your position? [5 points)