The WACC of Africa Opportunity Fund Ltd (AOF.L) is 6.5%.
| Range | Selected | |
| Cost of equity | 6.90% - 11.10% | 9.00% |
| Tax rate | 19.00% - 19.00% | 19.00% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.5% - 7.6% | 6.5% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 5.5% | 6.5% |
| Adjusted beta | 0.52 | 0.94 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.90% | 11.10% |
| Tax rate | 19.00% | 19.00% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.5% | 7.6% |
| Selected WACC | 6.5% | |