WACC. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an i-dobt funding scenario. He wil borrow $3,537 from Wendy, who will charge him 5% on the loan. He will also borrow $2,577 from Bebe, who will charge him 7% on the loan, and $1,886 from Shelly, who will charge him 13% 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.) Enter your answer in the answer box