Elliott Dumack must earn a minimum rate of return of 16 % to be adequately compensated for the risk of the following investment:

Initial Investment=16094

End of year 1=6974

year 2=3753

year 3=6065

year 4=3309

year 5=2000

a. Use present-value techniques to estimate the yield on this investment.

b. On the basis of your finding in part a, should Elliott make the proposed investment?