The WACC of Churchill Downs Inc (CHDN) is 6.8%.
Range | Selected | |
Cost of equity | 6.60% - 8.90% | 7.75% |
Tax rate | 26.90% - 27.70% | 27.30% |
Cost of debt | 5.80% - 7.50% | 6.65% |
WACC | 5.8% - 7.8% | 6.8% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 0.6 | 0.72 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 6.60% | 8.90% |
Tax rate | 26.90% | 27.70% |
Debt/Equity ratio | 0.48 | 0.48 |
Cost of debt | 5.80% | 7.50% |
After-tax WACC | 5.8% | 7.8% |
Selected WACC | 6.8% | |