The WACC of Cowen Inc (COWN) is 10.5%.
| Range | Selected | |
| Cost of equity | 6.10% - 12.60% | 9.35% |
| Tax rate | 23.50% - 27.20% | 25.35% |
| Cost of debt | 8.60% - 20.90% | 14.75% |
| WACC | 6.5% - 14.6% | 10.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.48 | 1.38 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.10% | 12.60% |
| Tax rate | 23.50% | 27.20% |
| Debt/Equity ratio | 3.18 | 3.18 |
| Cost of debt | 8.60% | 20.90% |
| After-tax WACC | 6.5% | 14.6% |
| Selected WACC | 10.5% | |