Annualized rates of return

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Reference no: EM13981718

Shearson Lehman Brothers, Inc., now encourages its investors to consider real estate limited partnerships. The company offers two limited partnerships-one in a condominium project in Chicago and one in Dallas. Annualized rates of return for the two investments during separate eight-month periods are as follows. Is one type of investment better than the other? Explain.

Chicago (%): 12, 13, 10, 14, 15, 9, 11,  10

Dallas (%): 10, 9, 8, 7, 9, 11, 6, 13

Reference no: EM13981718

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