Assume that an investment generates the following income stream, , and can be purchased at the beginning of 2020 for $1,200 and sold at the end of 2026 for $1,300. Estimate the IRR for this investment. If a minimum return of 9% is required, would you recommend this investment? The IRR on this investment is \%. (Enter as a percentage and round to two decimal places.) Since the yield calculated above is than the minimum required return of 9%, the investment is . This project would result in NPV to the investor. (Select from the drop-down menus.)