WACC. Grey's Pharmaceuticals has a new project that will require funding of $4.7 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 in order to copy its content into a spreadsheet. Lender Amount Interest Rate $1,722,820 Steven 13% $1,316,478 Yang 11% $1,037,551 Shepherd 9% $623,151 Bailey 10% What is the weighted average cost of capital for the $4,700,000? What is the weighted average cost of capital for the $4,700,000? % (Round to two decimal places.)