OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship will cost million, 505 and will operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be 71.9 million and its cost of capital is 12.3%. 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' cost of capital estimate be before your purchase decision would change? Question content area bottom Part 1 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. Part 2 The NPV for a discount rate of is $ enter your response here million. (Round to one decimal place.) Part 3 The NPV for a discount rate of is $ enter your response here million. (Round to one decimal place.) Part 4 The NPV for a discount rate of is $ enter your response here million. (Round to one decimal place.) Part 5 The NPV profile is: NPV Profile of Cruise Ship Investment 2 4 6 8 10 12 14 16 18 20 -200 -100 0 100 200 300 400 500 600 700 800 900 1,000 Discount rate (%) NPV ($ millions)