The WACC of Horizon Bancorp Inc (HBNC) is 7.8%.
| Range | Selected | |
| Cost of equity | 7.80% - 10.90% | 9.35% |
| Tax rate | 14.10% - 15.70% | 14.90% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.8% - 8.8% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.86 | 1.07 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.80% | 10.90% |
| Tax rate | 14.10% | 15.70% |
| Debt/Equity ratio | 0.44 | 0.44 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.8% | 8.8% |
| Selected WACC | 7.8% | |