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Value generally promises to pay at maturity date and a firm...

This question belongs to Commerce Financial Management
Financial Management
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Value generally promises to pay at maturity date and a firm borrows is considered as bonds

Answer & Solution
Correct Answer: Option D
Value generally promises to pay at maturity date and a firm borrows is considered as bonds par value. The par value of a bond also called the face amount or face value is the value written on the front of the bond.
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