A bond is an issuer's written promise to pay an amount identified as the par value of the bond with interest.

Name: A bond is an issuer's written promise to pay an amount identified as the par value of the bond with interest.
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Quizplus · Accepted Answer

This is correct. A bond is a type of debt instrument issued by corporations, governments, or other entities, in which the issuer promises to pay back the face value or par value of the bond at a future date, along with interest payments.

A Bond Is an Issuer's Written Promise to Pay an Amount