The WACC of Manulife Financial Corp (MFC.TO) is 8.9%.
| Range | Selected | |
| Cost of equity | 9.00% - 11.30% | 10.15% |
| Tax rate | 16.30% - 17.40% | 16.85% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 8.0% - 9.9% | 8.9% |
| Category | Low | High |
| Long-term bond rate | 3.6% | 4.1% |
| Equity market risk premium | 5.5% | 6.5% |
| Adjusted beta | 0.99 | 1.04 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.00% | 11.30% |
| Tax rate | 16.30% | 17.40% |
| Debt/Equity ratio | 0.25 | 0.25 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 8.0% | 9.9% |
| Selected WACC | 8.9% | |