Value generally promises to pay at maturity date and a firm borrows is considered as bonds

The correct answer is: D. par value

Par value is the face value of a bond, which is the amount that the issuer promises to pay back at maturity. The par value is usually printed on the face of the bond.

Bond value is the current market price of a bond. It is determined by a number of factors, including the interest rate, the maturity date, and the creditworthiness of the issuer.

Per value is not a term used in finance.

State value is not a term used in finance.

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