WACC. Grey's Pharmaceuticals has a new project that will require funding of $6.3 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 spreadsheet. Lender Amount Interest Rate Steven $2,246,708 12% Yang $1,878,017 11% Shepherd $1,290,542 8% Bailey $884,733 9% What is the weighted average cost of capital for the $6,300,000? What is the weighted average cost of capital for the $6,300,000? % (Round to two decimal places.)