Question: WACC. Eric has another got-rich-quick idea, but needs funding to support it. He chooses an al debt funding scenario. He will borrow S4,2a0 from Windy.

WACC. Eric has another got-rich-quick idea, but needs funding to support it. He chooses an al debt funding scenario. He will borrow S4,2a0 from Windy. who wII charge him 3% on the loan. He will also borrow $3,468 from Bebe, who will charge him 5% on the loan, and $1,245 from $h illy, who will cherge him 11$ 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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