OpenSeas, Inc is evaluating the purchase of a new cruise ship. The ship would cost $500 million, and would operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be $70.0 million (at the end of each year) and its cost of capital is 12.0% 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. a. Prepare an NPV protle of the purchase using discount rates of 20%,11.5% and 170%. The NPV for a discount rates of 2.0% is $ million. (Round to the nearest integer.)