$$69\mathrm{.}8$ million and its cost of capital is $11\mathrm{.}8\%.$

a$.$ Prepare an NPV profile of the purchase.

b$.$ Identify the IRR on the graph.

c$.$ Should OpenSeas go ahead with the purchase?

d$.$ How far off could OpenSeas's cost of capital estimate be before your purchase decision would change?

a$.$ Prepare an NPV profile of the purchase.

To plot the NPV profile, we compute the NPV of the project for various discount rates and plot the curve.

The NPV for a discount rate of $2\mathrm{.}0\%$ is $ million. $($Round to one decimal place.$)$