The WACC of Cadence Design Systems Inc (CDNS) is 9.5%.
| Range | Selected | |
| Cost of equity | 7.90% - 11.30% | 9.60% |
| Tax rate | 15.00% - 18.80% | 16.90% |
| Cost of debt | 4.50% - 5.30% | 4.90% |
| WACC | 7.8% - 11.2% | 9.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.87 | 1.15 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.90% | 11.30% |
| Tax rate | 15.00% | 18.80% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 4.50% | 5.30% |
| After-tax WACC | 7.8% | 11.2% |
| Selected WACC | 9.5% | |