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Problem 4 Horowitz Inc. is considering a project that will require an initial investment of $900,000 and is expected to generate future cash flows of

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Problem 4 Horowitz Inc. is considering a project that will require an initial investment of $900,000 and is expected to generate future cash flows of $150,000 for years 1 through 3, $125,000 for years 4 and 5, $90,000 for years 6 through 10. REQUIRED Calculate the project's payback period in years

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