The WACC of Penn National Gaming Inc (PENN) is 7.4%.
| Range | Selected | |
| Cost of equity | 9.20% - 15.20% | 12.20% |
| Tax rate | 21.10% - 23.80% | 22.45% |
| Cost of debt | 6.70% - 7.00% | 6.85% |
| WACC | 6.4% - 8.3% | 7.4% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1.15 | 1.84 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.20% | 15.20% |
| Tax rate | 21.10% | 23.80% |
| Debt/Equity ratio | 2.3 | 2.3 |
| Cost of debt | 6.70% | 7.00% |
| After-tax WACC | 6.4% | 8.3% |
| Selected WACC | 7.4% | |