The WACC of CIT Group Inc (CIT) is 7.6%.
| Range | Selected | |
| Cost of equity | 9.40% - 12.60% | 11.00% |
| Tax rate | 22.70% - 28.30% | 25.50% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.8% - 8.3% | 7.6% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 4.2% | 5.2% |
| Adjusted beta | 1.48 | 1.61 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.40% | 12.60% |
| Tax rate | 22.70% | 28.30% |
| Debt/Equity ratio | 0.9 | 0.9 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.8% | 8.3% |
| Selected WACC | 7.6% | |