Question 1 3.33 pts Tycoon Company is considering a 10-year project that has a net present value of $150,000. The project's internal rate of retum is 8%. What discount rate is Tycoon using to compute the net present value of this project? Greater than 8% Greater than or equal to 8% Equal to 8% less than 8% Question 3 3.33 pts Wave Engineering has total sales revenue of $3,600,000, operating income of $432,000, and a minimum required rate of return of 17%. Wave has both a Breakwater Division and a Seawall Division. During the current year, the Breakwater Division's return on investment is 20% and its turnover ratio is 2.5. What is the Breakwater Division's margin? Round to the nearest whole number and do not enter a percent sign or a decimal point (e.g., enter 89. not 89.0% or 0.89)