Cost of debt. Dunder-Mifflin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. The bond will pay a coupon rate of 12.2% with semiannual payments and will mature in 30 years. Its par value is $100. What is the cost of debt to DMI if the bonds raise the following amounts (ignoring issuing costs)? a. $58,782,000 b. $52,752,000 c. $69,078,000 d. $73,722,000 a. What is the cost of debt to DMI if the bonds raise $58,782,000? WACC. Grey's Pharmaceuticals has a new project that will require funding of $13.0 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 $4,583,773 15% $3,696,321 14% $3,209,355 11% $1,510,551 12% What is the weighted average cost of capital for the $13,000,000? What is the weighted average cost of capital for the $13,000,000? 1% (Round to two decimal places.)