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For the goal of figuring out the period to become in contrast for possibility absolutely free return and possibility top quality, expenditure life of the undertaking should be considered. Mainly because lodging property, like lodges, experienced lengthy handy lives, return on prolonged-phrase government bonds needs to be utilized for lodging calculations, which must be through the period 1926 to 1987 (show 5 of your case) as this correctly displays the bottom line character of return that has a lasting view including all abnormalities throughout this era.

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