WACC. Eric has another get rich quick idea, but needs funding to support it. He chooses an al-debt funding scenario. He will borrow $5,841 from Wendy, who will charge him 9% on the loan. He will also borrow $4,476 from Bebe, who will charge him 11% on the loan, and $1,683 from Shelly, who will charge him 17% on the loan What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric? 10.87% (Round to two decimal places.)