The WACC of Merchants Trust PLC (MRCH.L) is 11.0%.
| Range | Selected | |
| Cost of equity | 10.40% - 13.20% | 11.80% |
| Tax rate | 0.20% - 0.70% | 0.45% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 9.7% - 12.2% | 11.0% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 1.08 | 1.18 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.40% | 13.20% |
| Tax rate | 0.20% | 0.70% |
| Debt/Equity ratio | 0.13 | 0.13 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 9.7% | 12.2% |
| Selected WACC | 11.0% | |