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Assume that an investment generates the following income stream and can be purchased at the beginning of 2017for $ 1 200 and sold at the

Assume that an investment generates the following income stream and can be purchased at the beginning of 2017for $ 1 200 and sold at the end of 2023 for $1 300. Estimate the IRR for this investment. If a minimum return of 6% is required, would you recommend this investment?(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

End of Year Income Stream

2017 $135

2018 120

2019 100

2020 75

2021 55

2022 40

2023 20

The yield on this investment is nothing%.

(Enter as a percentage and round to two decimal places.)

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