Examlex
A proposed mechanism for the photodecomposition of ozone in the atmosphere is:
Step 1: O3(g) + hv O2(g) + O(g)
Step 2: O3(g) + O(g) 2 O2(g)
Which of the following species is an intermediate?
Forward Contract
A forward contract is a non-standardized agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.
Listed Put Option
A put option that is traded on a registered exchange, where the holder has the right to sell a specified quantity of an asset at a set price before the option expires.
Cash
Liquid assets that are readily available for immediate use in transactions or to cover short-term liabilities.
Short Position
A trading strategy that involves selling a borrowed asset with the expectation that its price will fall, allowing it to be bought back at a lower price.
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