You work for a constant-growth firm that is valued at $500 million. It has a capital structure of 25% debt and 75% equity, and there are no short-term investments. Your firm's current tax rate is 25%, but Congress is expected to pass legislation that will increase it to 35%. If the firm's capital structure and costs of capital remain constant, what will happen to the firm's WACC? The WACC will remain constant. I am still waiting to start bowling. The WACC will increase. The WACC could increase, decrease, or remain constant. The WACC will decrease