Which statement about WACC is true? Select one: O a. WACC calculations should be based on the after as costs of all the individual capital components b. A change in a company's target capital structure cannot affect its WACC O c. Flotation costs associated with issuing new common stock normally reduce the WACC d. If a company's tax rate increases, then, all else equal, its WACC will increase. Due to flotation costs, normally the cost of common share or any other long-term financing is the cost of new common stocks Select one: O a. less than O b. greater than O c. the same as