The WACC of Pzena Investment Management Inc (PZN) is 9.2%.
| Range | Selected | |
| Cost of equity | 7.90% - 10.50% | 9.20% |
| Tax rate | 8.20% - 9.20% | 8.70% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.9% - 10.5% | 9.2% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.86 | 1.01 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.90% | 10.50% |
| Tax rate | 8.20% | 9.20% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.9% | 10.5% |
| Selected WACC | 9.2% | |