the date table is in the 2nd photo

WestGas Conveyance, Inc. WestGas Conveyance, Inc, is a large U.S natural gas pipeline company that wants to raise $120 million to finance expansion. WestGas wants a capital structure that is 50% debt and 50% equity. Its corporate combined federal and state income tax rate is 32% WestGas finds that it can finance in the domestic U S capital market at the rates listed in the popup window Both debt and equity would have to be sold in multiples of $20 million, and these cost figures show the component costs, each, of debt and equity if raised 50% by debt and 50% by equity. A London bank advises WestGas that U.S dollars could be raised in Europe at the following costs, also in multiples of $20 million, while maintaining the 50/50 capital structure. Each increment of cost would be influenced by the total amount of capital raised. That is, if WestGas first borrowed \$20 million in the European market at 5% and matched this with an additional $20 million of equity, additional debt beyond this amount would cost 11% in the United States and 10% in Europe. The same relationship holds for equity financing. a. Calculate the lowest average cost of capital for each increment of $40 million of new capital, where WestGas raises $20 million in the equity market and an additional $20 in the debt market at the same time b. If WestGas plans an expansion of only $60 million, how should that expansion be financed? c. What will be the weighted average cost of capital for the expansion? \begin{tabular}{|c|c|c|c|c|c|} \hline A & B & c & D & E & F \\ \hline Costs of Raising Capital in the Market & Cost ofDomestictquity. & Cost ofDomesticDebt & Cost ofEuropeanEquity & Cost of EuropeanDebt & \\ \hline Up to $40 million of new capital & 13% & 7% & 15% & 5% & \\ \hline S41 million to 580 million of new capital & 18% & 11% & 17% & 10% & \\ \hline Ahove $80 million & 23% & 16% & 25% & 18% & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular}