A company has an EBIT of $3,344 in perpetuity. The unlevered cost of capital is 13.34%, and there are 17,487 common shares outstanding. The company is considering issuing $7,095 in new bonds at par to add financial leverage. The proceeds of the debt issue will be used to repurchase equity. The YTM of the new debt is 8.53% and the tax rate is 22%. What is the weighted average cost of capital after the restructuring? Question options: 11.12% 11.43% 11.74% 12.04% 12.35%