The WACC of KEG Royalties Income Fund (KEG.UN.TO) is 7.0%.
| Range | Selected | |
| Cost of equity | 6.40% - 8.30% | 7.35% |
| Tax rate | 19.60% - 31.70% | 25.65% |
| Cost of debt | 4.00% - 4.50% | 4.25% |
| WACC | 6.2% - 7.9% | 7.0% |
| Category | Low | High |
| Long-term bond rate | 3.3% | 3.8% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.62 | 0.67 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.40% | 8.30% |
| Tax rate | 19.60% | 31.70% |
| Debt/Equity ratio | 0.09 | 0.09 |
| Cost of debt | 4.00% | 4.50% |
| After-tax WACC | 6.2% | 7.9% |
| Selected WACC | 7.0% | |