WACC. Grey's Pharmaceuticals has a new project that will require funding of $6.4 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 $2,378,762 15% $1,939,702 14% $1,618,821 11% $462,715 12% What is the weighted average cost of capital for the $6,400,000? What is the weighted average cost of capital for the $6,400,000? 1% (Round to two decimal places.)