The WACC of Moderna Inc (MRNA) is 8.8%.
| Range | Selected | |
| Cost of equity | 7.70% - 9.90% | 8.80% |
| Tax rate | 5.10% - 10.00% | 7.55% |
| Cost of debt | 7.00% - 10.10% | 8.55% |
| WACC | 7.7% - 9.9% | 8.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.83 | 0.9 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.70% | 9.90% |
| Tax rate | 5.10% | 10.00% |
| Debt/Equity ratio | 0.03 | 0.03 |
| Cost of debt | 7.00% | 10.10% |
| After-tax WACC | 7.7% | 9.9% |
| Selected WACC | 8.8% | |