Question: WACC. Grey's Pharmaceuticals has a new project that will require funding of $12.7m illion. 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 $12.7m illion. The company has decided to pursue an all-debt scenario. Grey's has agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: wrin is the weighted average cost of capital for the 312.700,000 ? What is the woighted average cost of caphal for the $12,700,000? (Round to two decimal placen.)

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