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The total market value of Airbnb's debt is $4,750,000,000. What is the cost of debt for Airbnb? Answer as a percentage to one decimal place.

The total market value of Airbnb's debt is $4,750,000,000. What is the cost of debt for Airbnb? Answer as a percentage to one decimal place. image text in transcribed
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Airbnb: ABNB Risk-free rate is 3% Market risk premium is 8% Corp tax rate is 24% The company's stock beta: 1.30 The company debt is currently priced to yield: 20% Company debt is trading at 95% of face value The company's Tax Rate is 24%

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