The WACC of Canadian National Railway Co (CNR.TO) is 8.0%.
| Range | Selected | |
| Cost of equity | 7.60% - 10.20% | 8.90% |
| Tax rate | 22.60% - 23.40% | 23.00% |
| Cost of debt | 4.10% - 4.50% | 4.30% |
| WACC | 6.9% - 9.2% | 8.0% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.87 | 0.99 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.60% | 10.20% |
| Tax rate | 22.60% | 23.40% |
| Debt/Equity ratio | 0.18 | 0.18 |
| Cost of debt | 4.10% | 4.50% |
| After-tax WACC | 6.9% | 9.2% |
| Selected WACC | 8.0% | |