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Homework: Chapter 11 Homework Save Score: 0 of 1 pt 1 of 9 (0 completo) HW Score: 0%, 0 of 9 pts P11-1 (similar to)

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Homework: Chapter 11 Homework Save Score: 0 of 1 pt 1 of 9 (0 completo) HW Score: 0%, 0 of 9 pts P11-1 (similar to) Question Help WACC. Eric has another get-rich-quick idea, but needs funding to support it He chooses an all-debt funding scenario. He will borrow $468 from Wendy, who will charge him 9% on the loan. He will also borrow $385 from Bebe, who will charge him 11% on the loan, and $147 from Shelly, who will charge him 17% on the loan. What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric? % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer ? All parts showing Clear All Check

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