WACC. Grey's Pharmaceuticals has a new project that will require fundin agreements with four lenders for the needed financing. These lenders will advance the following amounts at the interest rates shown: g of $4.0 million. The company has decided to pursue an all-debt scenario. Grey's has made Amount $1,500,000 $1,200,000 $1,000,000 Interest Rate Lender Steven Yang Shepherd Bailey 11% 9% 7% 8% $300,000 NR What is the weighted average cost of capital for the $4,000,000? What is the weighted average cost of capital for the $4,000,000? 1% (Round to two decimal places.)