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For the objective of determining click here for info the period of time being compared for chance no cost return and risk premium, investment life of the venture really should be viewed as. Simply because lodging assets, like lodges, experienced long handy lives, return on extended-expression authorities bonds need to be utilized for lodging calculations, which must be from your interval 1926 to 1987 (show 5 on the case) as this effectively displays The underside line mother nature of return which has a lasting see which includes all abnormalities for the duration of this era.

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