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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 14: Long-Term Liabilities
  5. Question
    A Bond Is an Issuer's Written Promise to Pay an Amount
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A Bond Is an Issuer's Written Promise to Pay an Amount

Question 2

Question 2

True/False

A bond is an issuer's written promise to pay an amount identified as the par value of the bond along with periodic interest payments. Normal 0 false false false EN-IN X-NONE X-NONE

Correct Answer:

verifed

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