Which of the following statements is true from the perspective of weighted average cost of capital ?

(A) Generally, WACC calculated using book value weights will be overstated if the market value of the shares is higher than the book value

(B) Generally, WACC calculated using book value weights will be understated if the market value of the shares is higher than the book value

(C) Generally, WACC calculated using book value weights will be understated if the market value of the shares is lower than the book value

(D) None of the above