The WACC of Herald Investment Trust PLC (HRI.L) is 9.0%.
| Range | Selected | |
| Cost of equity | 10.90% - 14.90% | 12.90% |
| Tax rate | 0.10% - 0.20% | 0.15% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 8.0% - 10.0% | 9.0% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 1.16 | 1.42 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.90% | 14.90% |
| Tax rate | 0.10% | 0.20% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 8.0% | 10.0% |
| Selected WACC | 9.0% | |