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For the objective of analyzing the period for being when compared for hazard cost-free return and danger top quality, expense lifetime of the venture should be viewed as. Due to the fact lodging assets, like lodges, had lengthy handy life, return on lengthy-phrase government bonds should be useful for lodging calculations, which really should be with the period 1926 to 1987 (show five with the case) as this efficiently demonstrates the bottom line nature of return that has a long term check out together with all abnormalities through this period.

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