The WACC of Apartment Investment and Management Co (AIV) is 5.9%.
| Range | Selected | |
| Cost of equity | 6.60% - 9.00% | 7.80% |
| Tax rate | 12.50% - 34.90% | 23.70% |
| Cost of debt | 4.00% - 7.00% | 5.50% |
| WACC | 5.0% - 6.7% | 5.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.59 | 0.74 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.60% | 9.00% |
| Tax rate | 12.50% | 34.90% |
| Debt/Equity ratio | 1.03 | 1.03 |
| Cost of debt | 4.00% | 7.00% |
| After-tax WACC | 5.0% | 6.7% |
| Selected WACC | 5.9% | |