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P11-2 (similar to) Question Help WACC Grey's Pharmaceuticals has a new project that will require funding of $11.6 million. The company has decided to pursue

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P11-2 (similar to) Question Help WACC Grey's Pharmaceuticals has a new project that will require funding of $11.6 million. The company has decided to pursue an all-debt scenario. Gray'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 Londer Amount Interest Rato What is the weighted average cost of capital for the $11,600,0007 % (Round to two decimal places.) Click on the Icon Lender Steven Yang Shepherd Bailey in order to copy its content into a spreadsheet. Amount Interest Rate $4,199,151 14% $3,248,960 11% $3,015,830 9% $1,136,059 10% What is the weighted average cost of capital for the $11,600,000? What is the weighted average cost of capital for the $11,600,000? % (Round to two decimal places.)

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