You have d lien to finance this the cost is $13\%.$ What is the highest rate you would be willing to pay on a cash$-$out refi instead that would make it at least as good as a $2$nd lien? $($Hint: This is the opposite of the problem we did in$-$class.$)$

Group of answer choices

$7\mathrm{.}2\%$

$5\mathrm{.}8\%$

$6\mathrm{.}7\%$

$6\mathrm{.}3\%$