The WACC of International Flavors & Fragrances Inc (IFF) is 7.9%.
| Range | Selected | |
| Cost of equity | 7.00% - 9.80% | 8.40% |
| Tax rate | 16.00% - 17.00% | 16.50% |
| Cost of debt | 4.00% - 12.40% | 8.20% |
| WACC | 5.9% - 10.0% | 7.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.68 | 0.88 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.00% | 9.80% |
| Tax rate | 16.00% | 17.00% |
| Debt/Equity ratio | 0.45 | 0.45 |
| Cost of debt | 4.00% | 12.40% |
| After-tax WACC | 5.9% | 10.0% |
| Selected WACC | 7.9% | |