The WACC of Canadian Pacific Railway Ltd (CP.TO) is 7.6%.
| Range | Selected | |
| Cost of equity | 7.20% - 10.00% | 8.60% |
| Tax rate | 22.00% - 22.90% | 22.45% |
| Cost of debt | 4.20% - 4.50% | 4.35% |
| WACC | 6.5% - 8.8% | 7.6% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.8 | 0.95 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.20% | 10.00% |
| Tax rate | 22.00% | 22.90% |
| Debt/Equity ratio | 0.23 | 0.23 |
| Cost of debt | 4.20% | 4.50% |
| After-tax WACC | 6.5% | 8.8% |
| Selected WACC | 7.6% | |