Which of the following statements is TRUE? a A decrease in the dividend growth rate increases the cost of equity. ob. Accounts payable is a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting Among the factors that affect the weighted average cost of capital (WACC), market conditions such as interest rates and tax rates are the ones that firms cannot control d. WACC represents the maximum return a company can earn to satisfy its investors