The WACC of KKR Real Estate Finance Trust Inc (KREF) is 13.5%.
| Range | Selected | |
| Cost of equity | 5.90% - 7.90% | 6.90% |
| Tax rate | 0.60% - 0.70% | 0.65% |
| Cost of debt | 5.00% - 23.90% | 14.45% |
| WACC | 5.0% - 21.9% | 13.5% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.44 | 0.55 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 5.90% | 7.90% |
| Tax rate | 0.60% | 0.70% |
| Debt/Equity ratio | 7.84 | 7.84 |
| Cost of debt | 5.00% | 23.90% |
| After-tax WACC | 5.0% | 21.9% |
| Selected WACC | 13.5% | |