The WACC of Advantage Oil & Gas Ltd (AAV.TO) is 9.7%.
| Range | Selected | |
| Cost of equity | 9.30% - 12.10% | 10.70% |
| Tax rate | 23.30% - 24.70% | 24.00% |
| Cost of debt | 4.20% - 6.80% | 5.50% |
| WACC | 8.4% - 11.0% | 9.7% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 1.2 | 1.29 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.30% | 12.10% |
| Tax rate | 23.30% | 24.70% |
| Debt/Equity ratio | 0.17 | 0.17 |
| Cost of debt | 4.20% | 6.80% |
| After-tax WACC | 8.4% | 11.0% |
| Selected WACC | 9.7% | |