WACC. Grey's Pharmaceuticals has a new project that will require funding of $13.5 million. The company has decided to pursue an all-dett scenario. Grey's has made agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: Click on the Icon in order to copy its content into a spreadsheet. Lender Amount Interest Rate Steven $4,966,170 Yang $3,908,658 Shepherd $3,244,365 Bailey $1,380,807 What is the weighted average cost of capital for the $13,500,000? 16% 13% 11% 12% What is the weighted average cost of capital for the $13,500,000? % (Round to two decimal places.)