Updating from old 5626 build (Desktop 3.0)

My old iMac broke, but I had all the files backed up in Time Machine.
Now I copied the Parallels files from Time Machine to my new iMac.
My questions: just installing the latest version from Parallels in my new iMac will be enough to access all my windows files and applications in the old version of Parallels? Or something else is also needed since the Parallel version is so old?
Thank you so much.

 

Hi, your VMs will work with any version of Parallels Desktop.
You can install the latest one, double click on your VM file and check.