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WACC Eric has another get-rich quick idea, but needs funding to support it. Ho chooses an all debt funding scenario. He will borrow $2.474 from

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WACC Eric has another get-rich quick idea, but needs funding to support it. Ho chooses an all debt funding scenario. He will borrow $2.474 from Wendy, who charge him 6% on the loan. He will also borrow 51 986 from Babe, who will charge him 8% on the loan and $1540 from Shelly, who will charge him 14% on the loan What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric D (Round to two decimal places)

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