Yes. You must first save the Final Draft file as a File Converter File (.fcf):
Go to File > Export (FD10 / 9) or File > Save As (FD8 / 7).
Change the Save As Type or Format drop-down menu to File Converter File (.fcf). On Mac, choose File Converter File version 2.0.
Then open the newly-created .fcf file in AV 2.x and resave the document with a new name. Note that you will have to spend some time reformatting the material.
NOTE: Live support for Final Draft 7 and AV has been discontinued. You will still be able to install, activate and use FD7 and AV on appropriate computers but email, chat and telephone support is no longer available. Live activation assistance will be available via phone (818-789-6281) and email and chat (links on the left side of this page) until June 14, 2017.