The WACC of Cardinal Energy Ltd (Alberta) (CJ.TO) is 8.7%.
| Range | Selected | |
| Cost of equity | 7.80% - 10.10% | 8.95% |
| Tax rate | 15.50% - 28.70% | 22.10% |
| Cost of debt | 4.00% - 7.30% | 5.65% |
| WACC | 7.6% - 9.8% | 8.7% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.91 | 0.97 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.80% | 10.10% |
| Tax rate | 15.50% | 28.70% |
| Debt/Equity ratio | 0.05 | 0.05 |
| Cost of debt | 4.00% | 7.30% |
| After-tax WACC | 7.6% | 9.8% |
| Selected WACC | 8.7% | |