The WACC of Paychex Inc (PAYX) is 7.7%.
| Range | Selected | |
| Cost of equity | 6.50% - 9.00% | 7.75% |
| Tax rate | 23.60% - 23.70% | 23.65% |
| Cost of debt | 4.40% - 4.50% | 4.45% |
| WACC | 6.5% - 8.9% | 7.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.57 | 0.73 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.50% | 9.00% |
| Tax rate | 23.60% | 23.70% |
| Debt/Equity ratio | 0.02 | 0.02 |
| Cost of debt | 4.40% | 4.50% |
| After-tax WACC | 6.5% | 8.9% |
| Selected WACC | 7.7% | |