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For the objective of determining the interval for being compared for hazard free return and hazard high quality, investment life of the task need to be deemed. Mainly because lodging belongings, like recommended you read resorts, experienced extended valuable lives, return on lengthy-phrase govt bonds needs to be utilized for lodging calculations, which ought to be in the period 1926 to 1987 (show five in the case) as this successfully displays The underside line nature of return which has a long-lasting see which includes all abnormalities for the duration of this era.
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