WACC. Grey's Pharmaceuticals has a new project that will require funding of $13.5 million. The company has decided to pu

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Wacc Grey S Pharmaceuticals Has A New Project That Will Require Funding Of 13 5 Million The Company Has Decided To Pu 1 (49.88 KiB) Viewed 29 times

WACC. Grey's Pharmaceuticals has a new project that will require funding of $13.5 million. The company has decided to pursue an all-dett 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 Steven $4,966,170 Yang $3,908,658 Shepherd $3,244,365 Bailey $1,380,807 What is the weighted average cost of capital for the $13,500,000? 16% 13% 11% 12% What is the weighted average cost of capital for the $13,500,000? % (Round to two decimal places.)