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= Homework: Chapter 11 Homework Question 2, P11-2 (simil... HW Score: 0%, 0 of 9 points O Points: 0 of 1 Save WACC. Grey's Pharmaceuticals

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= Homework: Chapter 11 Homework Question 2, P11-2 (simil... HW Score: 0%, 0 of 9 points O Points: 0 of 1 Save WACC. Grey's Pharmaceuticals has a new project that will require funding of $12.1 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 in order to copy its content into a spreadsheet. Amount Interest Rate Lender Steven Yang Shepherd Bailey $4,284,054 $3,708,728 $3,034,077 $1,073,141 13% 11% 9% 10% What is the weighted average cost of capital for the $12,100,000? What is the weighted average cost of capital for the $12,100,000? % (Round to two decimal places.)

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