Introduction to Accounting

Weighted Average Cost of Capital (WACC)

Formula

(E/V × Re) + (D/V × Rd × (1-T))

CategoryTime Value of Money
ComponentsE (equity); D (debt); V (total); Re (cost of equity); Rd (cost of debt); T (tax rate)
Example(0.6 × 12%) + (0.4 × 6% × 0.75) = 9.0%

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