The WACC of Velan Inc (VLN.TO) is 7.5%.
| Range | Selected | |
| Cost of equity | 6.80% - 10.60% | 8.70% |
| Tax rate | 25.90% - 26.50% | 26.20% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 6.1% - 8.9% | 7.5% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.71 | 1.06 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 6.80% | 10.60% |
| Tax rate | 25.90% | 26.50% |
| Debt/Equity ratio | 0.32 | 0.32 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 6.1% | 8.9% |
| Selected WACC | 7.5% | |