If a Firm Recalculates Its WACC Based Solely on Lower

If a firm recalculates its WACC based solely on lower growth expectations for the firm, the new WACC will be:

A) The same as the previous WACC because growth expectations do not affect WACC.
B) Lower than the previous WACC because the cost of debt will decline.
C) Lower than the previous WACC because the cost of equity will decline.
D) Higher than the previous WACC because the cost of debt will increase.
E) Higher than the previous WACC because the cost of equity will increase.