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4. Figure out AT&T??s tax rate from the annual report. Use this tax rate to compute its after-tax cost of debt. 5. Use the CAPM

4. Figure out AT&Tâ??s tax rate from the annual report. Use this tax rate to compute its after-tax cost of debt. 5. Use the CAPM to calculate AT&Tâ??s cost of common equity. You can assume a 2 answers

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