The WACC of First of Long Island Corp (FLIC) is 7.6%.
| Range | Selected | |
| Cost of equity | 9.70% - 12.40% | 11.05% |
| Tax rate | 16.60% - 17.70% | 17.15% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.9% - 8.3% | 7.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.27 | 1.35 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.70% | 12.40% |
| Tax rate | 16.60% | 17.70% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.9% | 8.3% |
| Selected WACC | 7.6% | |