I Am The Walrus $($IATW$)$ has a weight of equity in its capital structure of $66\mathrm{.}1\%.$ The firm has bonds that are currently selling for $$1,000.$ The bonds mature in $12$ years, have a coupon rate of $8\mathrm{.}3,$ and pay coupons annually. The firm's beta is $1\mathrm{.}4,$ the risk free rate is $5\%,$ and the market return is $9\%.$ The tax rate is $25\%.$ Calculate the WACC.

Multiple Choice

$9\mathrm{.}117\%$

$8\mathrm{.}117\%$

$7\mathrm{.}117\%$

$9\mathrm{.}82\%$