I had 10 shares in AT&T Corp.How do I figure out my cost basis for the newSBC/at&t Inc. ? cheers, mehul
Well, you take what you paid for your ATT and divide that by the number of shares in the new SBC.That gives you your basis per share...
If you have held it for any length of time, no one will ever be able to prove any number you come up with is wrong.
Divide it by .77942.