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Which of the following financial assets is a promise by the issuer to pay the holder their original principal plus interest at some future date?

Legal Tender
Stock
Bonds
Money

User Lamorak
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1 Answer

1 vote

Answer:

The correct answer is - Bonds.

Step-by-step explanation:

Bonds are units of debt security that are issued by borrowers to the investors to raise money that they can repay with interest in a predefined or particular time.

Bonds can be issued by banks, governments, or corporations for lending a particular amount. Generally, bonds have 1000 dollar par value and the interest is decided by the issuer and also paid semi-annually.

User Xiaona
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