The WACC of Toronto-Dominion Bank (TD.TO) is 5.9%.
| Range | Selected | |
| Cost of equity | 7.80% - 10.40% | 9.10% |
| Tax rate | 20.20% - 20.90% | 20.55% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.4% - 6.4% | 5.9% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.92 | 1.03 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.80% | 10.40% |
| Tax rate | 20.20% | 20.90% |
| Debt/Equity ratio | 1.65 | 1.65 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.4% | 6.4% |
| Selected WACC | 5.9% | |