= Homework: Chapter 11 Homework Question 1, P11-1 (similar to HW Score 0% 0 of 14 points O Points of 2 Save WACC Enchas other gel nich quick idea, but he funding to won He chosen lointing onana He will barrow $2,004 from Wendy, who will competim 5% on the loan. He was borrow $1.528 from Babe, who will charge him on the town, and 51,011 from Shelly we will the time on the loan Water weighed average cost of capital for Eng? CHE What is the weighted average cost of capital for Ene? O Hound to two decimal place Clear all Check answer Help me solve this View an example Get more help SP2022 FN 310-OL Fund of Financial Management Alex Camp = Homework: Chapter 11 Homework Question 1, P11-1 (similar to) HW Score 0%, 0 of 14 points O Points: 0 of 2 Save Previous question WACC Eric has another get-rich-quick iden, but needs funding to support it. He chooses an al-debt funding scenario. He will borrow $2,061 from Wendy, who will charge him 5% on the loan. He will also borrow $1,928 from Bebe, who will charge him 7% on the loan, and $1,011 from Shely, who will charge him 13% on the loan. What is the weighted average cost of capital for Eric? C What is the weighted average cost of capital for Eric? % (Round to two decimal places.)