The WACC of Phoenix Group Holdings PLC (PHNX.L) is 8.4%.
| Range | Selected | |
| Cost of equity | 9.80% - 13.80% | 11.80% |
| Tax rate | 19.00% - 19.00% | 19.00% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.3% - 9.6% | 8.4% |
| Category | Low | High |
| Long-term bond rate | 4.0% | 4.5% |
| Equity market risk premium | 6.0% | 7.0% |
| Adjusted beta | 0.97 | 1.26 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.80% | 13.80% |
| Tax rate | 19.00% | 19.00% |
| Debt/Equity ratio | 0.77 | 0.77 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.3% | 9.6% |
| Selected WACC | 8.4% | |