Consider a company having 100 Million common stocks. The price and the beta of each stock are respectively equal to $20 and 0.7. The market value of its debt is $500 Million and considered as risk free. The risk-free rate is equal to 4% and the market expected return is 11% What is the value of the common stocks? Evaluate the expected return of the common stocks. What is the value of the company? Evaluate the weighted average cost of capital