Assume you invest $1,700 today in an investment that promises to return $5,136 in exactly 10 years. a. Use the present-value technique to estimate the IRR on this investment. b. If a minimum annual return of 13% is required, would you recommend this investment? %. (Round to the nearest whole percent.) a. The IRR of the investment is b. If a minimum return of 13% is required, would you recommend this investment? (Select the best choice below.) O A. Yes, because this investment yields more than the minimum required return of 13%. O B. No, because a minimum required return of 13% is an arbitrary choice for an investment of this risk level No, because this investment yields less than the minimum required return of 13% O C. D Yes, because a minimum required return of 13% does not compensate for an investment that lasts longer than one year