WACC. Grey's Pharmaceuticals has a new project that will require funding of $4.7 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 in order to copy its content into a spreadsheet. Lender Steven Yang Shepherd Bailey Amount $1,736,095 $1,342,756 $1,134,762 $486,387 Interest Rate 16% 13% 11% 12% What is the weighted average cost of capital for the $4,700,000? What is the weighted average cost of capital for the $4,700,000? % (Round to two decimal places.)