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You purchase an 11 3/8s february $10,000 par treasury note at 103:11 and hold it for exactly one year at which time you sell it. what is your rate of return if your selling price is 100:13?

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Based on the fact that you bought the treasury note at 103.11 and sold it for 100.13, your rate of return is -2.89%

What is the rate of return?

The rate of return on the treasury note can be found as:

= (Selling price - Buying price) / Buying price x 100%

Solving gives:

= (100.13 - 103.11) / 103.11 x 100%

= -2.98/ 103.11 x 100%

= -2.89%

Find out more on rates of return at https://brainly.com/question/24301559

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