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Risk-free rate is 3% market risk premium is 4%, corp tax rate is 24%, the company stock beta 1.28, share price is $239, shares outstanding

Risk-free rate is 3% market risk premium is 4%, corp tax rate is 24%, the company stock beta 1.28, share price is $239, shares outstanding is 100,000,000. market cap 23,000,000,000.

What's the cost of equity for this airbnb? use the sml approach. Give the answer as a percentage, accurate to one decimal place.

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