Significant gearing lessens the WACC, but it is not constantly the case. At times the debt financing is substantial plenty of that case the rise in the expense of equity nullify the debt funding impact on WACC or often it raises the WACC in case of better debt funding. https://stanford-case-study-solut10971.designertoblog.com/65711791/how-case-study-solution-can-save-you-time-stress-and-money