The WACC of Montanaro European Smaller Companies Trust PLC (MTE.L) is 10.7%.
| Range | Selected | |
| Cost of equity | 9.50% - 12.30% | 10.90% |
| Tax rate | 2.20% - 2.40% | 2.30% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 9.3% - 12.0% | 10.7% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.92 | 1.05 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.50% | 12.30% |
| Tax rate | 2.20% | 2.40% |
| Debt/Equity ratio | 0.04 | 0.04 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 9.3% | 12.0% |
| Selected WACC | 10.7% | |