The WACC of Moderna Inc (MRNA) is 8.6%.
| Range | Selected | |
| Cost of equity | 7.60% - 9.60% | 8.60% |
| Tax rate | 5.40% - 10.00% | 7.70% |
| Cost of debt | 5.40% - 7.00% | 6.20% |
| WACC | 7.6% - 9.6% | 8.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.81 | 0.85 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.60% | 9.60% |
| Tax rate | 5.40% | 10.00% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 5.40% | 7.00% |
| After-tax WACC | 7.6% | 9.6% |
| Selected WACC | 8.6% | |