The WACC of KKR Real Estate Finance Trust Inc (KREF) is 13.1%.
| Range | Selected | |
| Cost of equity | 6.20% - 8.40% | 7.30% |
| Tax rate | 0.60% - 0.70% | 0.65% |
| Cost of debt | 4.00% - 23.90% | 13.95% |
| WACC | 4.2% - 21.9% | 13.1% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.51 | 0.64 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.20% | 8.40% |
| Tax rate | 0.60% | 0.70% |
| Debt/Equity ratio | 7.69 | 7.69 |
| Cost of debt | 4.00% | 23.90% |
| After-tax WACC | 4.2% | 21.9% |
| Selected WACC | 13.1% | |