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For the goal of identifying the period for being compared for risk absolutely free return and hazard high quality, investment lifetime of the undertaking need to be viewed as. Since lodging assets, like motels, experienced very long handy life, return on prolonged-term government bonds need to be useful for lodging calculations, which really should be from the time period 1926 to 1987 (show 5 from the case) as this properly demonstrates the bottom line mother nature of return that has a long-lasting watch including all abnormalities in the course Learn More of this period.

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