The WACC of Manulife Financial Corp (MFC.TO) is 7.8%.
| Range | Selected | |
| Cost of equity | 7.30% - 9.50% | 8.40% |
| Tax rate | 14.20% - 16.00% | 15.10% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.9% - 8.7% | 7.8% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.8 | 0.87 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.30% | 9.50% |
| Tax rate | 14.20% | 16.00% |
| Debt/Equity ratio | 0.16 | 0.16 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.9% | 8.7% |
| Selected WACC | 7.8% | |