WACC. Grey's Pharmaceuticals has a new project that will require funding of $10.8 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 Lender Steven in order to copy its content into a spreadsheet. Amount Interest Rate $3,877,668 11% $3,132,735 9% $2,531,535 6% $1,258,062 7% Yang Shepherd Bailey What is the weighted average cost of capital for the $10,800,000? What is the weighted average cost of capital for the $10,800,000? % (Round to two decimal places.) WACC. Grey's Pharmaceuticals has a new project that will require funding of $16.3 million. The company has decided to pursue an all-debt scenario. Grey's has made an agreement with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: Lender Amount Interest Rate Steven Yang Shepherd Bailey $5,900,000 $4,700,000 $3,500,000 $2,200,000 17% 15% 12% 13% What is the weighted average cost of capital for the $16,300,000? The weighted average cost of capital can be found by multiplying the percentage of each borrowing by the interest rate for that component and then summing the parts