A company has a market value of equity divided by book value of equity that is greater than 1.0. If this company uses book value of equity to determine their WACC, they will derive a value that is the market based WACC. Because O a. Less than; the ratio of debt to equity will be greater than if the ratio was based on market values. O b. Less than; the ratio of debt to equity will be less than if the ratio was based on market values. Oc. Greater than; the ratio of debt to equity will be less than if the ratio was based on market values. O d. Greater than; the ratio of debt to equity will be greater than if the ratio was based on market values. O e Equivalent to; the ratio of debt to equity is the same whether book values or market values are used