The WACC of Houghton Mifflin Harcourt Co (HMHC) is 6.9%.
| Range | Selected | |
| Cost of equity | 5.70% - 8.20% | 6.95% |
| Tax rate | 3.60% - 7.30% | 5.45% |
| Cost of debt | 4.60% - 9.10% | 6.85% |
| WACC | 5.6% - 8.2% | 6.9% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 4.2% | 5.2% |
| Adjusted beta | 0.61 | 0.77 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.70% | 8.20% |
| Tax rate | 3.60% | 7.30% |
| Debt/Equity ratio | 0.12 | 0.12 |
| Cost of debt | 4.60% | 9.10% |
| After-tax WACC | 5.6% | 8.2% |
| Selected WACC | 6.9% | |