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WACC Grey's Pharmaceuticals has a new project that will require funding of $78 million. The company has decided to pursue an all debt scenario.

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WACC Grey's Pharmaceuticals has a new project that will require funding of $78 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 $2,781,279 $2.227.327 13% 12% $1,909,503 $881,891 9% 10% What is the weighted average cost of capital for the $7,800,000 What is the weighted average cost of capital for the $7 800 0007 %(Round to two decimal places)

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