The WACC of Horizon Bancorp Inc (HBNC) is 7.6%.
| Range | Selected | |
| Cost of equity | 7.80% - 10.10% | 8.95% |
| Tax rate | 14.10% - 20.30% | 17.20% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.8% - 8.4% | 7.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.85 | 0.93 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.80% | 10.10% |
| Tax rate | 14.10% | 20.30% |
| Debt/Equity ratio | 0.39 | 0.39 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.8% | 8.4% |
| Selected WACC | 7.6% | |