To calculate the cost of equity for TELUS, go to finance.yahoo.com and enter the ticker symbol T.TO to locate the information on the firm's stock, listed on the TSX. Locate the price for TELUS, the market capitalization, the number of shares outstanding, the beta as of July 20, 2020 (or any later date you prefer), and the most recent annual dividend. Go to bankofcanada.ca and follow the Interest Rates link to locate the yield on the three-month Treasury bills. Assuming a 4% market risk premium, calculate the cost of equity using CAPM. Compare this with the cost of equity calculated by dividend discount model. (20 marks) To calculate the cost of equity for TELUS, go to finance.yahoo.com and enter the ticker symbol T.TO to locate the information on the firm's stock, listed on the TSX. Locate the price for TELUS, the market capitalization, the number of shares outstanding, the beta as of July 20, 2020 (or any later date you prefer), and the most recent annual dividend. Go to bankofcanada.ca and follow the Interest Rates link to locate the yield on the three-month Treasury bills. Assuming a 4% market risk premium, calculate the cost of equity using CAPM. Compare this with the cost of equity calculated by dividend discount model. (20 marks)