The WACC of Houlihan Lokey Inc (HLI) is 7.0%.
| Range | Selected | |
| Cost of equity | 5.60% - 8.40% | 7.00% |
| Tax rate | 23.00% - 25.10% | 24.05% |
| Cost of debt | 4.50% - 9.50% | 7.00% |
| WACC | 5.6% - 8.4% | 7.0% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.38 | 0.63 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.60% | 8.40% |
| Tax rate | 23.00% | 25.10% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 4.50% | 9.50% |
| After-tax WACC | 5.6% | 8.4% |
| Selected WACC | 7.0% | |