Your rate of return is -2.88% as a result of the fact that you purchased the Treasury Note at 105.14 and sold it for 102.11.
The change in an investment's value expressed as a percentage is known as the yearly rate of return. For instance, if you believe you will get a 10% annual rate of return, you believe your investment will grow in value by 10% annually.
Treasury bills don't pay investors any interest, in contrast to numerous other debt products that do. Instead, the banknotes are sold below the amount needed to redeem them. For instance, a $1,000 face value Treasury bill might sell for $985.
You can calculate the treasury note's rate of return as follows:
= (Selling price - Buying price) / Buying price x 100%
Solving gives:
= (102.11 - 105.14) / 105.14 x 100%
= -3.03/ 105.14 x 100%
= -2.88%
Learn more about rate of return: https://brainly.com/question/14378808
#SPJ4