The Cleanest Surface Water Is Disinfected with Chlorine or UV

question 46

Multiple Choice

The cleanest surface water is disinfected with chlorine or UV light as the excess nitrogen and phosphorous are removed in the _________ phase of sewage remediation.

• A) Primary
• B) Secondary
• C) Tertiary
• D) Sterilization

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Definitions:

Time Value

The concept in finance that money available now is worth more than the same amount in the future due to its potential earning capacity.

In-The-Money

A term describing an options contract that has intrinsic value; for a call, when the underlying asset's price is above the strike price, and for a put, when it's below.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Stock Price

The current price at which a particular stock is bought or sold in the market.