The WACC of CureVac NV (CVAC) is 9.3%.
| Range | Selected | |
| Cost of equity | 8.10% - 10.50% | 9.30% |
| Tax rate | 0.10% - 0.20% | 0.15% |
| Cost of debt | 4.50% - 12.60% | 8.55% |
| WACC | 7.9% - 10.6% | 9.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.92 | 1.01 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 10.50% |
| Tax rate | 0.10% | 0.20% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 4.50% | 12.60% |
| After-tax WACC | 7.9% | 10.6% |
| Selected WACC | 9.3% | |