Question 16 3 pts Consider the following information for the Goodtime Company: Target Capital Structure. Cost of each capital component 50% debt 1 -8% 10% preferred 40% common equity o 15% - 10% T-15% Marginal tax rate - 20% If Goodtime's capital budget is less than the breakpoint, its weighted average cost of capital (WACC) is closest to? (round to nearest whole percentage) 9X 6% 7% 4%