The WACC of Canadian Pacific Railway Ltd (CP.TO) is 6.9%.
| Range | Selected | |
| Cost of equity | 5.80% - 9.50% | 7.65% |
| Tax rate | 22.00% - 22.90% | 22.45% |
| Cost of debt | 4.20% - 4.80% | 4.50% |
| WACC | 5.4% - 8.5% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.3% | 3.8% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.49 | 0.85 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.80% | 9.50% |
| Tax rate | 22.00% | 22.90% |
| Debt/Equity ratio | 0.21 | 0.21 |
| Cost of debt | 4.20% | 4.80% |
| After-tax WACC | 5.4% | 8.5% |
| Selected WACC | 6.9% | |