The WACC of Mercia Asset Management PLC (MERC.L) is 8.4%.
| Range | Selected | |
| Cost of equity | 7.30% - 9.50% | 8.40% |
| Tax rate | 3.30% - 5.80% | 4.55% |
| Cost of debt | 4.60% - 4.90% | 4.75% |
| WACC | 7.3% - 9.5% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.55 | 0.65 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.30% | 9.50% |
| Tax rate | 3.30% | 5.80% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 4.60% | 4.90% |
| After-tax WACC | 7.3% | 9.5% |
| Selected WACC | 8.4% | |