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To facilitate an exchange between parties, it may be necessary for one firm to acquire specialized capital equipment. These assets are known as specialized investments.

To facilitate an exchange between parties, it may be necessary for one firm to acquire specialized capital equipment. These assets are known as "specialized investments." List and, in your own words, comment upon four (4) types of specialized investments discussed in the text. Provide your own example of each (that is, it is not mentioned in the text)

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