8. All of the following statements about the weighted average cost of capital (WACC) are true EXCEPT A. In calculating WACC, the market rate on the company's debt must be multiplied by one minus the tax rate in order to convert it to an after-tax basis. B. The main use of WACC is as a tool in evaluating investment projects. OC. The more debt in the capital structure, the higher the WACC. D. The WACC is the minimum return that a company needs in order to satisfy its debt investors and its equity investors. 10. The is the annualized amount of the dividend per share divided by the current stock price per share, while the is the percent of net income after tax which is paid out as dividends. A. dividend payout ratio, divided yield B. dividend payout ratio, capital gains yield C. capital gains yield, dividend payout ratio D. dividend yield, dividend payout ratio