The WACC of Artis Real Estate Investment Trust (AX.UN.TO) is 8.4%.
| Range | Selected | |
| Cost of equity | 8.80% - 11.20% | 10.00% |
| Tax rate | 1.60% - 2.30% | 1.95% |
| Cost of debt | 4.00% - 11.70% | 7.85% |
| WACC | 5.4% - 11.3% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 1.11 | 1.15 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.80% | 11.20% |
| Tax rate | 1.60% | 2.30% |
| Debt/Equity ratio | 2.43 | 2.43 |
| Cost of debt | 4.00% | 11.70% |
| After-tax WACC | 5.4% | 11.3% |
| Selected WACC | 8.4% | |