Eric has another? get-rich-quick idea, but needs funding to support it. He chooses an? all-debt funding scenario. He will borrow $2,849
from? Wendy, who will charge him 4?%
on the loan. He will also borrow ?$2,294
from? Bebe, who will charge him 6?%
on the? loan, and ?$857
from? Shelly, who will charge him 12%
on the loan. What is the weighted average cost of capital for? Eric?