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For the objective of determining the period to be when compared for hazard free of charge return and hazard premium, financial investment life of the project must be considered. Because lodging property, like inns, experienced very long helpful lives, return on very long-time period government bonds really should be utilized for lodging calculations, which need to be with the interval 1926 to 1987 (show five in the case) as this proficiently displays The underside line nature of return having a long lasting see which includes all abnormalities all through this era.

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