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P11-2 (similar to) Question Help WACC. Grey's Pharmaceuticals has a new project that will require funding of $8.3 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 $2,964,845 13% $2,511,695 11% $2,055,777 8% $767,683 9% What is the weighted average cost of capital for the $8,300,000? What is the weighted average cost of capital for the $8,300,000? % (Round to two decimal places.)