WACC. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt funding scenario. He will borrow $2,037 from Wendy, who will charge him 3% on the loan. He will also borrow $1,530 from Bebe, who will charge him 5% on the loan, and $1,433 from Shelly, who will charge him 11% on the loan. What is the weighted average cost of capital for Eric