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For the purpose of identifying the interval to become as opposed for hazard totally free return and danger top quality, expenditure life of the venture ought to be thought of. Simply because lodging assets, like accommodations, experienced lengthy useful life, return on very long-term authorities bonds must be employed for lodging calculations, which ought to be within the period 1926 to 1987 (exhibit 5 on the case) as this properly displays the bottom line nature of return that has a long-term watch which include all abnormalities during this era.

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