Assume you invest $3,100 today in an investment that promises to return $3.794 in exactly 10 years. a. Use the present-value technique to estimate the IRR on this investment. b. If a minimum annual return of 9% is required, would you recommend this investment? a. The IRR of the investment is % (Round to the nearest whole percent.) b. If a minimum return of 9% is required, would you recommend this investment? (Select the best choice below.) O A. No, because this investment yields less than the minimum required return of 9%. OB. Yes, because this investment yields more than the minimum required return of 9% O C. No, because a minimum required return of 9% is an arbitrary choice for an investment of this risk level. OD. Yes, because a minimum required return of 9% does not compensate for an investment that lasts longer than one year