Morning view Nursing Home, a not$-$for$-$profit corporation, is estimating its CCC$.$ Its tax$-$exempt debt currently requires an interest rate of $6\mathrm{.}2$ percent, and its target capital structure calls for $60$ percent debt financing and $40$ percent equity $($fund capital$)$ financing. The estimated costs of equity for selected investor$-$owned healthcare companies are as follows:

GlaxoSmithKline $15\mathrm{.}0\%$

Long$-$Term Care Group Inc. $16\mathrm{.}4$

Encompass Health $17\mathrm{.}4$

Humana $18\mathrm{.}8$

a$.$ What is the best estimate for Morningview$$s cost of equity? b$.$ What is the firm$$s CCC$?$