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P11-2 (similar to) Question Help WACC. Grey's Pharmaceuticals has a new project that will require funding of $12.7 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 $12.7 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 $4,659,794 13% $3,712,798 12% $2,949,785 9% $1,377,623 10% What is the weighted average cost of capital for the $12,700,000? What is the weighted average cost of capital for the $12,700,000? % (Round to two decimal places.)

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