Among the options that describe the folliowing rates:

• _Re: levered cost of capital
• R_d: cost of debt
• R_u: unlevered cost of capital
• Before-tax WACC
• After-tax WACC

which option is the least accurate?

Select one:

a. R_d is likely to be the lowest.

b. After-tax WACC is likely to be higher than R_u

c. Before-tax WACC is lower than Re.

d. R_e is likely to be the highest.

e. After-tax WACC is lower than before-tax WACC.