The WACC of Artisan Partners Asset Management Inc (APAM) is 8.5%.
| Range | Selected | |
| Cost of equity | 7.70% - 9.90% | 8.80% |
| Tax rate | 16.20% - 17.60% | 16.90% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.5% - 9.6% | 8.5% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 5.0% | 6.0% |
| Adjusted beta | 0.7 | 0.79 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.70% | 9.90% |
| Tax rate | 16.20% | 17.60% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.5% | 9.6% |
| Selected WACC | 8.5% | |