WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.0 million. The company...
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WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.0 million. The company has decided to pursue an all-debt scenario. Grey's has made agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: Click on the Icon in order to copy its content into a spreadsheet. Lender Steven Yang Shepherd Bailey Amount $3,537,450 $2,999,116 $2,504,253 $959,181 Interest Rate 14% 12% 9% 10% What is the weighted average cost of capital for the $10,000,000? What is the weighted average cost of capital for the $10,000,000? % (Round to two decimal places.) WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.0 million. The company has decided to pursue an all-debt scenario. Grey's has made agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: Click on the Icon in order to copy its content into a spreadsheet. Lender Steven Yang Shepherd Bailey Amount $3,537,450 $2,999,116 $2,504,253 $959,181 Interest Rate 14% 12% 9% 10% What is the weighted average cost of capital for the $10,000,000? What is the weighted average cost of capital for the $10,000,000? % (Round to two decimal places.)
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