Question: WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.3 million. The company has decided to pursue an all-debt scenario. Grey's has

 WACC. Grey's Pharmaceuticals has a new project that will require funding

WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.3 million. The company has decided to pursue an all-debt 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 spreadshoot Lender Amount Interest Rate $3.761.630 12% Yang $3,186,612 Shepherd $2,238,777 89 Bailey $1,112,981 9% Steven What is the weighted average cost of capital for the $10,300,000? What is the weighted average cost of capital for the $10,300,0007 % (Round to two decimal places.)

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