因为企业价值与每年所获现金流量进行折现时所用的折现率成反比，降低折现率

Because the corporate value and the discount rate gained an annual cash flows are discounted used inversely proportional to reduce the discount rate can increase corporate value, so minimizing the cost of capital will facilitate the maximization of corporate value.

"Because the discount rate used in the discount rate of the enterprise value to the cash flow obtained each year is inversely proportional, and the reduction of the discount rate can increase the value of the enterprise, the minimization of the cost of capital will promote the maximization of the enterprise value."

Because the enterprise value is inversely proportional to the discount rate used to discount the annual cash flow, reducing the discount rate can increase the enterprise value, so the minimization of capital cost will promote the maximization of enterprise value.