The WACC of National Western Life Group Inc (NWLI) is 5.8%.
| Range | Selected | |
| Cost of equity | 6.40% - 8.80% | 7.60% |
| Tax rate | 20.10% - 20.40% | 20.25% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.2% - 6.4% | 5.8% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.55 | 0.71 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.40% | 8.80% |
| Tax rate | 20.10% | 20.40% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.2% | 6.4% |
| Selected WACC | 5.8% | |