The WACC of International Flavors & Fragrances Inc (IFF) is 7.7%.
| Range | Selected | |
| Cost of equity | 7.00% - 9.90% | 8.45% |
| Tax rate | 16.00% - 17.00% | 16.50% |
| Cost of debt | 4.00% - 9.90% | 6.95% |
| WACC | 5.9% - 9.4% | 7.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.68 | 0.9 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.00% | 9.90% |
| Tax rate | 16.00% | 17.00% |
| Debt/Equity ratio | 0.41 | 0.41 |
| Cost of debt | 4.00% | 9.90% |
| After-tax WACC | 5.9% | 9.4% |
| Selected WACC | 7.7% | |