Throw it away and buy a new one. Technology has advanced enough to make it worth your while. A repaired rod will seldom cast the same again, especially in the tip. Like everything, I suggest you buy the best you can.
7'6" is a really short rod. What do you use it for? Really tight stuff?
I have an 8'6" #5 and that's great for everywhere I want to go where I need a compact setup.
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