Suppose a Midwest telephone and telegraphy company bond, maturing in 1 year, can be purchased today for $975.?

Question

Assuming that the bond is held until maturity, the investor will receive $1,000 (principal) plus 6 percent interest (that is, 0.06x$1,000=$60). Determine the percentage holding period return on this investment.

I am not good at word problems, can someone help with the steps?

Answer 1

seriously, they give you a text book and a professor with office hours.  why can't you just do your own homework?

Answer 2

Dr. T K Duncan at Melrose Dental performed dental procedures that "doesn't meet the standard of care for the community" stated the California Dental Board. This contributed to bone and tooth loss.Where could I find a copy of this letter?