Question: Acme Supply Co. has a new project that will require the company to borrow $3,000.000. Acme has made an agreement with throo lenders for the

Acme Supply Co. has a new project that will require the company to borrow $3,000.000. Acme has made an agreement with throo lenders for the nooded financing. First National Bank will give $1,500,000 and wants 9.0% interest on th Southern National Bank will give S900,000 and wants 14.0% interest on the loan what is the weighed average cost of capital for this S3000000 1 e loc . Lo kup Bank I give S600000 and w nts 110 ter st he oan. 8.7% 1 7.0% () 13 6% 10.9% 10%

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