Answer one problem and one short answer question from the following four problems: 4. Bruce & Co. expects its EBIT to be $165,000 every year forever. The company currently has no debt but can borrow at 8.6 percent while its cost of equity is 14.7 percent. The tax rate is 21 percent. The company is planning to borrow $55,000 and use the loan proceeds to repurchase shares. What will be the WACC after recapitalization? Uu Value of equit B 886734 JL 886,34 +1%(55,000) 012 RE- 14.7% t(4a% -1%00/5 40 1213-55.000) 1-21%)- RE- 56 6 WACCESO18, 6a (5a0121-55 000)/540 12)+