The WACC of Macatawa Bank Corp (MCBC) is 7.2%.
Range | Selected | |
Cost of equity | 8.50% - 12.10% | 10.30% |
Tax rate | 18.90% - 19.10% | 19.00% |
Cost of debt | 5.00% - 5.00% | 5.00% |
WACC | 6.3% - 8.1% | 7.2% |
Category | Low | High |
Long-term bond rate | 3.9% | 4.4% |
Equity market risk premium | 4.6% | 5.6% |
Adjusted beta | 1 | 1.29 |
Additional risk adjustments | 0.0% | 0.5% |
Cost of equity | 8.50% | 12.10% |
Tax rate | 18.90% | 19.10% |
Debt/Equity ratio | 1 | 1 |
Cost of debt | 5.00% | 5.00% |
After-tax WACC | 6.3% | 8.1% |
Selected WACC | 7.2% | |