The lower the firm's tax rate,the lower its after-tax cost of debt and WACC will be,other things held constant.

Name: The lower the firm's tax rate,the lower its after-tax cost of debt and WACC will be,other things held constant.
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A lower tax rate increases the after-tax cost of debt because the tax shield from interest payments is reduced, potentially increasing the WACC if other factors remain constant.

The Lower the Firm's Tax Rate,the Lower Its After-Tax Cost