The WACC of City of London Investment Trust PLC (CTY.L) is 9.3%.
| Range | Selected | |
| Cost of equity | 8.40% - 10.80% | 9.60% |
| Tax rate | 0.50% - 0.90% | 0.70% |
| Cost of debt | 4.10% - 4.50% | 4.30% |
| WACC | 8.2% - 10.4% | 9.3% |
| Category | Low | High |
| Long-term bond rate | 2.9% | 3.4% |
| Equity market risk premium | 5.3% | 6.3% |
| Adjusted beta | 1.03 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.40% | 10.80% |
| Tax rate | 0.50% | 0.90% |
| Debt/Equity ratio | 0.07 | 0.07 |
| Cost of debt | 4.10% | 4.50% |
| After-tax WACC | 8.2% | 10.4% |
| Selected WACC | 9.3% | |