Bruce & Co$.$ expects its cash flow to be $$130,350$ every year forever. The company currently has no debt but can borrow at $8\mathrm{.}6$ percent while its cost of equity is $14\mathrm{.}7$ percent. The tax rate is $21$ percent. The company is planning to borrow $$55,000$ and use the loan proceeds to repurchase shares. What will be the WACC after recapitalization?

Question $5$ options:

$14\mathrm{.}11$ percent

$15\mathrm{.}07$ percent

$14\mathrm{.}51$ percent

$14\mathrm{.}57$ percent