WACC Eric has another get-rich-quick idea, but needs funding to support it He chooses an all-debt funding scenario. He w

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Wacc Eric Has Another Get Rich Quick Idea But Needs Funding To Support It He Chooses An All Debt Funding Scenario He W 1 (19.97 KiB) Viewed 33 times

WACC Eric has another get-rich-quick idea, but needs funding to support it He chooses an all-debt funding scenario. He will borrow $2,013 from Wendy, who will charge him 4% on the loan. He will also borrow $1,666 from Bebe, who will charge him 6% on the loan, and $1,321 from Shelly, who will charge him 12% on the loan What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric? I% (Round to two decimal places)