0.15 Q8 Compute the weighted average cost of capital using the information below: The effective marginal tax rate is 20% Weight Cost (Rate) short term debt, not recurring 0.10 7.9% short term debt, recurring 7.5% long term debt 0.20 7.0% preferred stock 0.10 9.0% common equity 0.55 11.5% short term investments 0.05 4.7% SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW