S Has Made a Valid Revocation to B

question 100

True/False

S has made a valid revocation to B.

---

Definitions:

Straight Bond Value

The value of a bond that pays a fixed interest rate and does not have any embedded options or features.

European Option

A type of options contract that can only be exercised at the expiration date, not before.

Expiration Date

The date on which a contractual agreement, option, or financial instrument becomes invalid or requires renewal.

Exercise Price

The predetermined price at which an option contract can be executed.