The WACC of NMI Holdings Inc (NMIH) is 8.9%.
| Range | Selected | |
| Cost of equity | 8.10% - 11.00% | 9.55% |
| Tax rate | 21.70% - 22.00% | 21.85% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.6% - 10.2% | 8.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.92 | 1.1 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.10% | 11.00% |
| Tax rate | 21.70% | 22.00% |
| Debt/Equity ratio | 0.13 | 0.13 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.6% | 10.2% |
| Selected WACC | 8.9% | |