8. If a capital market is perfect, which statement is correct?

A. The value of a levered firm is strictly larger than the value of an unlevered firm

B. The WACC of a levered firm is strictly larger than the WACC of an unlevered firm

C. Cost of levered equity is strictly larger than the cost of unlevered equity if beta of corporate bond is zero

D. Beta of levered equity is strictly smaller than the beta of unlevered equity if beta of corporate bond is zero

E. None of the above is correct