Homework: Chapter 11 Homework Save Score: 0 of 1 pt 2 of 9 (0 complete) HW Score: 0%, 0 of 9 pts P11-2 (similar to) Question Help WACC Grey's Pharmaceuticals has a new project that will require funding of $3,1 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. Lender Amount Interest Rate Steven $1,172,085 13% Yang $915,891 11% Shepherd $760.170 8% Bailey $251,854 99% What is the weighted average cost of capital for the $3,100,0007 What is the weighted average cost of capital for the $3,100,000? Ll% (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? All parts showing Clear All Check