The WACC of First of Long Island Corp (FLIC) is 7.8%.
| Range | Selected | |
| Cost of equity | 9.80% - 13.00% | 11.40% |
| Tax rate | 16.60% - 17.70% | 17.15% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.0% - 8.6% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.3 | 1.46 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.80% | 13.00% |
| Tax rate | 16.60% | 17.70% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.0% | 8.6% |
| Selected WACC | 7.8% | |