The WACC of Downing Strategic Micro-Cap Investment Trust PLC (DSM.L) is 7.2%.
| Range | Selected | |
| Cost of equity | 7.10% - 13.40% | 10.25% |
| Tax rate | 19.00% - 19.00% | 19.00% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.6% - 8.7% | 7.2% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.53 | 1.2 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.10% | 13.40% |
| Tax rate | 19.00% | 19.00% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.6% | 8.7% |
| Selected WACC | 7.2% | |