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Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 3 pts 1 of 12 (11 complete) HW Score: 43.64%, 24

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Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 3 pts 1 of 12 (11 complete) HW Score: 43.64%, 24 of 55 pts X P11-2 (similar to) s Question Help WACC. Grey's Pharmaceuticals has a new project that will require funding of $9.4 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 $3,357,779 15% $2,660,966 $2,262,612 11% $1,118,643 12% 14% What is the weighted average cost of capital for the $9,400,000? What is the weighted average cost of capital for the $9,400,000? % (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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