P11-2 (similar to) Question Help WACC Grey's Pharmaceuticals has a new project that will require funding of $3.7 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 Lender Amount 2.996 What is the weighted average cost of capital for the $3,700.000 What is the weighted average cost of capital for the $3,700,000 (Round to two deamal places)