$$OpenSeas$,$ Inc. is evaluating the purchase of a new cruise ship.

The ship will cost$$499$million$,$ and will operate for$20$years. OpenSeas expects annual cash flows from operating the

ship to be$$70\mathrm{.}6$million and its cost of capital is$12\mathrm{.}3\%.$a$.$ Prepare an NPV profile of the purchase.b$.$ Identify the IRR on the graph.c$.$ Should OpenSeas proceed with the$$purchase$?$d$.$ How far off could$$OpenSeas$\text{'}$ cost of capital estimate be

before your purchase decision would$$change$?$