The WACC of Pinduoduo Inc (PDD) is 7.9%.
| Range | Selected | |
| Cost of equity | 6.90% - 8.90% | 7.90% |
| Tax rate | 7.80% - 14.40% | 11.10% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.9% - 8.8% | 7.9% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.67 | 0.71 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.90% | 8.90% |
| Tax rate | 7.80% | 14.40% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.9% | 8.8% |
| Selected WACC | 7.9% | |