The WACC of City Merchants High Yield Trust Ltd (CMHY.L) is 7.9%.
| Range | Selected | |
| Cost of equity | 6.70% - 9.60% | 8.15% |
| Tax rate | 0.10% - 0.10% | 0.10% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.6% - 9.3% | 7.9% |
| Category | Low | High |
| Long-term bond rate | 2.9% | 3.4% |
| Equity market risk premium | 5.3% | 6.3% |
| Adjusted beta | 0.71 | 0.89 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.70% | 9.60% |
| Tax rate | 0.10% | 0.10% |
| Debt/Equity ratio | 0.07 | 0.07 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.6% | 9.3% |
| Selected WACC | 7.9% | |