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WACC. Grey's Pharmaceuticals has a new project that will require funding of $5.0 million. The company has decided to pursue an all-debt scenario. Grey's has

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WACC. Grey's Pharmaceuticals has a new project that will require funding of $5.0 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 $1,843,696 13% $1,413,292 11% $1,009,028 8% $733,984 9% What is the weighted average cost of canital for the $5 000 0002 What is the weighted average cost of capital for the $5,000,000? % (Round to two decimal places.)

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