The WACC of PennyMac Mortgage Investment Trust (PMT) is 10.1%.
| Range | Selected | |
| Cost of equity | 6.50% - 10.40% | 8.45% |
| Tax rate | 23.70% - 30.10% | 26.90% |
| Cost of debt | 5.00% - 23.90% | 14.45% |
| WACC | 4.0% - 16.1% | 10.1% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.58 | 0.98 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.50% | 10.40% |
| Tax rate | 23.70% | 30.10% |
| Debt/Equity ratio | 9.59 | 9.59 |
| Cost of debt | 5.00% | 23.90% |
| After-tax WACC | 4.0% | 16.1% |
| Selected WACC | 10.1% | |