The WACC of Cowen Inc (COWN) is 10.0%.
| Range | Selected | |
| Cost of equity | 8.40% - 12.90% | 10.65% |
| Tax rate | 23.50% - 27.20% | 25.35% |
| Cost of debt | 8.60% - 17.90% | 13.25% |
| WACC | 7.0% - 13.0% | 10.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.98 | 1.43 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 12.90% |
| Tax rate | 23.50% | 27.20% |
| Debt/Equity ratio | 3.18 | 3.18 |
| Cost of debt | 8.60% | 17.90% |
| After-tax WACC | 7.0% | 13.0% |
| Selected WACC | 10.0% | |