Yes, of course.
However, you will likely need to stake it until the roots are stabilized in the ground. In case you aren't familiar with this, put two stout poles in the ground on opposite sides of the tree and perpendicular to the line of the normal wind direction. I like the rubber ties that look chain-like, but you can use just about any convenient ties as long as you take care that it doesn't abrade the bark on the trunk. You should progressively loosen these constraints so the tree increasingly has to stand on its own. The tree should be capable of standing on its own and the support removed before fall (2016).
I caution you about planting it too deeply. The root collar should be at the ground level and not below it. Planting too deeply can suffocate the roots, killing the tree. Just dig an area deeply enough to accomplish these ends. Sit the tree in, spread the roots out evenly, and cover with the topsoil you removed to make the hole.