Question: WACC. Grey's Pharmaceuticals has a new project that will require funding of $ 1 3 . 4 million. The company has decided to pursue an
WACC. Grey's Pharmaceuticals has a new project that will require funding of $ million. The company has decided to pursue an alldebt 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:
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What is the weighted average cost of capital for the $
Round to two decimal places.
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