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For the purpose of identifying the period of time being as opposed for possibility cost-free return and hazard high quality, expenditure life of the undertaking must be viewed as. Because lodging property, like motels, experienced lengthy beneficial lives, return on lengthy-time period govt bonds need to be utilized for lodging calculations, which needs to be within the interval 1926 to 1987 (show five on the case) as this proficiently demonstrates The underside line nature of return using a long lasting watch including all abnormalities all through this period.
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