The WACC of Braemar Hotels & Resorts Inc (BHR) is 12.0%.
| Range | Selected | |
| Cost of equity | 7.00% - 10.30% | 8.65% |
| Tax rate | 7.40% - 12.60% | 10.00% |
| Cost of debt | 4.10% - 23.90% | 14.00% |
| WACC | 4.1% - 19.8% | 12.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.69 | 0.97 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.00% | 10.30% |
| Tax rate | 7.40% | 12.60% |
| Debt/Equity ratio | 9.08 | 9.08 |
| Cost of debt | 4.10% | 23.90% |
| After-tax WACC | 4.1% | 19.8% |
| Selected WACC | 12.0% | |