WACC. Grey's Pharmaceuticals has a new project that will require funding of $11.1 million. The company has decided to pursue an all-debt scenario. Greys has made agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown Steven Yang Shepherd Bailey Amount $3,901,925 $3,257,293 $2,284,558 $1,656,224 Interest Rate 15% 13% 11% 12% What is the weighted average cost of capital for the $11,100,000? What is the weighted average cost of capital for the $11,100,000? L1% (Round to two decimal places.)