Question: Answer asap please WACC. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt handing scenario He will borrow $4.396

Answer asap please

WACC. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt handing scenario He will borrow $4.396 from Wendy, who will charge him 8% on the loan. He will also borrow $3,424 from Bebe, who will charge tim 10% on the bar and $2 180 from Shelly, who will charge him 16% on the loan. What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric? % (Round to two decimal places)

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