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For the goal of pinpointing the period of time to get when compared for hazard no cost return and risk high quality, financial investment life of the job must be viewed as. Simply because lodging property, like hotels, had very long beneficial lives, return on extended-expression government bonds ought to be employed for lodging calculations, which really should be with the period 1926 to 1987 (exhibit 5 from the case) as this correctly demonstrates The underside line mother nature of return having a long run perspective like all abnormalities for the duration of this period.