bond. The pretax cost of debt is $5\mathrm{.}91$ percent and the bonds sell for $93\mathrm{.}9$ percent of par. What is the firm's WACC if the tax rate is $35$ percent?

Multiple Choice

$9\mathrm{.}56\%$

$8\mathrm{.}46\%$

$8\mathrm{.}62\%$

$8\mathrm{.}93\%$

$9\mathrm{.}98\%$