The WACC of British and American Investment Trust PLC (BAF.L) is 7.1%.
| Range | Selected | |
| Cost of equity | 6.80% - 8.60% | 7.70% |
| Tax rate | 2.30% - 2.90% | 2.60% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 6.3% - 7.9% | 7.1% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.47 | 0.52 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.80% | 8.60% |
| Tax rate | 2.30% | 2.90% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 6.3% | 7.9% |
| Selected WACC | 7.1% | |