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For the goal of determining the period to generally be as opposed for threat absolutely free return and risk top quality, financial commitment life of the undertaking need to be regarded as. Because lodging belongings, like hotels, had extended practical lives, return on prolonged-phrase federal government bonds needs to be utilized for lodging calculations, which really should be from the period 1926 to 1987 (show five with the case) as this properly demonstrates the bottom line character of return with a long term watch together with all abnormalities during this period.

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