WACC Grey's Pharmaceuticals has a new project that will require funding of $6.2 milion. 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 Steven $2,298,036 13% Yang $1,782,261 11% Shepherd $1.241,533 8% Bailey $878,170 9% What is the weighted average cost of capital for the $6,200,000? What is the weighted average cost of capital for the $6,200,000? % (Round to two decimal places.)