The WACC of Apartment Investment and Management Co (AIV) is 8.6%.
| Range | Selected | |
| Cost of equity | 6.40% - 8.70% | 7.55% |
| Tax rate | 13.60% - 34.90% | 24.25% |
| Cost of debt | 4.00% - 23.90% | 13.95% |
| WACC | 4.9% - 12.2% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.55 | 0.69 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.40% | 8.70% |
| Tax rate | 13.60% | 34.90% |
| Debt/Equity ratio | 1.07 | 1.07 |
| Cost of debt | 4.00% | 23.90% |
| After-tax WACC | 4.9% | 12.2% |
| Selected WACC | 8.6% | |