The WACC of Lazard Ltd (LAZ) is 8.2%.
| Range | Selected | |
| Cost of equity | 10.50% - 15.10% | 12.80% |
| Tax rate | 23.20% - 24.10% | 23.65% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.1% - 9.3% | 8.2% |
| Category | Low | High |
| Long-term bond rate | 4.2% | 4.7% |
| Equity market risk premium | 5.0% | 6.0% |
| Adjusted beta | 1.27 | 1.65 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.50% | 15.10% |
| Tax rate | 23.20% | 24.10% |
| Debt/Equity ratio | 1.03 | 1.03 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.1% | 9.3% |
| Selected WACC | 8.2% | |