The WACC of Braemar Hotels & Resorts Inc (BHR) is 11.7%.
| Range | Selected | |
| Cost of equity | 6.30% - 10.40% | 8.35% |
| Tax rate | 7.40% - 12.60% | 10.00% |
| Cost of debt | 4.10% - 23.90% | 14.00% |
| WACC | 4.2% - 19.1% | 11.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.53 | 0.99 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.30% | 10.40% |
| Tax rate | 7.40% | 12.60% |
| Debt/Equity ratio | 4.95 | 4.95 |
| Cost of debt | 4.10% | 23.90% |
| After-tax WACC | 4.2% | 19.1% |
| Selected WACC | 11.7% | |