The WACC of Terns Pharmaceuticals Inc (TERN) is 6.3%.
| Range | Selected | |
| Cost of equity | 6.20% - 9.00% | 7.60% |
| Tax rate | 0.50% - 0.80% | 0.65% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 5.6% - 7.0% | 6.3% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 0.52 | 0.73 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.20% | 9.00% |
| Tax rate | 0.50% | 0.80% |
| Debt/Equity ratio | 1 | 1 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 5.6% | 7.0% |
| Selected WACC | 6.3% | |