When corporate tax rates are high, the optimal response of companies is to use relatively more debt rather than equity financing, and to accept fewer projects, leading to less growth O True O False Growth Company has existing debt issued three years ago with a coupon rate of 6.0%. The firm just issued new, otherwise identical debt at par with a coupon rate of 6.5%. Thus for Growth Company's pre-tax cost of debt to be used in its WACC, it should use a weighted average of 6.0% and 6.5%. O True False