The WACC of Bank of Montreal (BMO.TO) is 6.0%.
| Range | Selected | |
| Cost of equity | 9.40% - 12.50% | 10.95% |
| Tax rate | 22.90% - 24.40% | 23.65% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.5% - 6.5% | 6.0% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 1.22 | 1.37 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.40% | 12.50% |
| Tax rate | 22.90% | 24.40% |
| Debt/Equity ratio | 2.27 | 2.27 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.5% | 6.5% |
| Selected WACC | 6.0% | |