High gearing lowers the WACC, but It isn't often the case. Sometimes the financial debt funding is higher sufficient that case the increase in the cost of equity nullify the financial debt funding impact on WACC or often it raises the WACC in case of better financial debt financing. https://trentonaqdyt.dreamyblogs.com/34948227/the-fact-about-buy-case-solution-that-no-one-is-suggesting