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(a) Define the term investment property and explain the two models permitted by international standard IAS40 for the measurement of investment property after its initial

(a) Define the term "investment property" and explain the two models permitted by international standard IAS40 for the measurement of investment property after its initial recognition.

(b) How do these two models differ from the two models permitted by IAS16 in relation to the measurement of property, plant and equipment?

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