The WACC of Lazard Ltd (LAZ) is 7.9%.
| Range | Selected | |
| Cost of equity | 8.50% - 12.20% | 10.35% |
| Tax rate | 23.20% - 24.10% | 23.65% |
| Cost of debt | 4.00% - 9.90% | 6.95% |
| WACC | 5.9% - 9.9% | 7.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.01 | 1.31 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.50% | 12.20% |
| Tax rate | 23.20% | 24.10% |
| Debt/Equity ratio | 0.95 | 0.95 |
| Cost of debt | 4.00% | 9.90% |
| After-tax WACC | 5.9% | 9.9% |
| Selected WACC | 7.9% | |