The WACC of PennyMac Mortgage Investment Trust (PMT) is 9.7%.
| Range | Selected | |
| Cost of equity | 6.30% - 9.80% | 8.05% |
| Tax rate | 23.90% - 30.10% | 27.00% |
| Cost of debt | 4.10% - 23.90% | 14.00% |
| WACC | 3.4% - 16.0% | 9.7% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.54 | 0.88 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.30% | 9.80% |
| Tax rate | 23.90% | 30.10% |
| Debt/Equity ratio | 8.89 | 8.89 |
| Cost of debt | 4.10% | 23.90% |
| After-tax WACC | 3.4% | 16.0% |
| Selected WACC | 9.7% | |