Which of the following statements is NOT true regarding the weighted average cost of capital (WACC)? The cost of equity is tax deductible. The cost of debt is tax deductible. Market values should be used to calculate weights, where possible. O A higher WACC indicates higher financing costs. Question 25 1 pts Which of the following leads to an increase in the aftertax cost of debt? O The company's tax rate declines. O Market interest rates decline. the debt-equity ratio of the company declines. The company's beta increases. The company's bond rating improves