WACC.

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

$11.4

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

What is the weighted average cost of capital for the

$11,400,000?

WACC. Grey's Pharmaceuticals has a new project that will require funding of $11.4 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 Yang Shepherd Bailey in order to copy its content into a spreadsheet. Amount Interest Rate $4,197,515 13% $3,435,048 12% $2,721,113 9% $1,046,324 10% What is the weighted average cost of capital for the $11,400,000? What is the weighted average cost of capital for the $11,400,000? D% (Round to two decimal places.)