OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship would cost $ 499 million, and would operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be $ 69.8 million (at the end of each year) and its cost of capital is 12.2 %a. Prepare an NPV profile of the purchase using discount rates of 2.0 % , 11.5 % and 17.0 % . b. Identify the IRR (to the nearest 1%) on a graph. c. Is the purchase attractive based on these estimates? d. How far off could OpenSeas' cost of capital be (to the nearest 1%) before your purchase decision would change? Note: Subtract the discount rate from the actual IRR. Use Excel to compute the actual IRR. Question content area bottom Part 1 a. Prepare an NPV profile of the purchase using discount rates of 2.0 % , 11.5 % and 17.0 % . The NPV for a discount rates of 2.0 % is $enter your response here million. (Round to the nearest integer.)