The WACC of CQS New City High Yield Fund Ltd (NCYF.L) is 10.6%.
| Range | Selected | |
| Cost of equity | 10.00% - 12.80% | 11.40% |
| Tax rate | 1.70% - 4.80% | 3.25% |
| Cost of debt | 4.00% - 4.60% | 4.30% |
| WACC | 9.4% - 11.9% | 10.6% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 1.01 | 1.12 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.00% | 12.80% |
| Tax rate | 1.70% | 4.80% |
| Debt/Equity ratio | 0.12 | 0.12 |
| Cost of debt | 4.00% | 4.60% |
| After-tax WACC | 9.4% | 11.9% |
| Selected WACC | 10.6% | |