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IJȐıIJĮıȘȢȝȘȤĮȞȚıȝȫȞțȓȞȘıȘȢțĮȚȠȚțȚĮțȫȞıȣıIJȘȝȐIJȦȞĮȣIJȠȝĮIJȚıȝȠȪıȪȝijȦȞĮȝİIJȚȢȠįȘȖȓİȢIJȘȢ
6RPI\țĮȚIJȠȞȚıȤȪȠȞIJĮțĮȞȠȞȚıȝȩıIJȘȤȫȡĮİȖțĮIJȐıIJĮıȘȢ
ǹʌĮȖȠȡİȪİIJĮȚȠʌȠȚĮįȒʌȠIJİȤȡȒıȘIJȠȣȝȘȤĮȞȚıȝȠȪțȓȞȘıȘȢİțIJȩȢIJȠȣʌİįȓȠȣİijĮȡȝȠȖȒȢʌȠȣʌİȡȚȖȡȐ
ijİIJĮȚ ʌĮȡĮțȐIJȦ ȀȐșİ IJȑIJȠȚĮ ȐȜȜȘ  ȤȡȒıȘ ȩʌȦȢ țĮȚ ȠʌȠȚĮįȒʌȠIJİ ĮįȣȞĮȝȓĮ ıȣȝȝȩȡijȦıȘȢ ȝİ IJȚȢ
ȠįȘȖȓİȢʌȠȣȠȡȓȗȠȞIJĮȚıIJȠʌĮȡȩȞțĮȚıIJȠİıȦțȜİȚȩȝİȞȠȑȖȖȡĮijȠȅįȘȖȓİȢĮıijĮȜİȓĮȢțĮșȚıIJȐȐțȣȡȘ
IJȘȞİȖȖȪȘıȘțĮȚĮʌĮȜȜȐııİȚIJȘ6RPI\ĮʌȩțȐșİİȣșȪȞȘ
ȅ IJİȤȞȚțȩȢ İȖțĮIJȐıIJĮıȘȢ ʌȡȑʌİȚ ȞĮ İȞȘȝİȡȫȞİȚ IJȠȣȢ ʌİȜȐIJİȢ IJȠȣ ıȤİIJȚțȐ ȝİ IJȚȢ ʌȡȠȨʌȠșȑıİȚȢ
ȜİȚIJȠȣȡȖȓĮȢ țĮȚ ıȣȞIJȒȡȘıȘȢ IJȠȣ ȝȘȤĮȞȚıȝȠȪ țȓȞȘıȘȢ țĮȚ ʌȡȑʌİȚ ȞĮ IJȠȣȢ ʌĮȡĮįȓįİȚ IJȚȢ ȠįȘȖȓİȢ
ȤȡȒıȘȢțĮȚıȣȞIJȒȡȘıȘȢțĮșȫȢțĮȚIJȠİıȦțȜİȚȩȝİȞȠȑȖȖȡĮijȠȅįȘȖȓİȢĮıijĮȜİȓĮȢȝİIJȐIJȘȞİȖțĮ
IJȐıIJĮıȘIJȠȣȝȘȤĮȞȚıȝȠȪțȓȞȘıȘȢ
ȅʌȠȚĮįȒʌȠIJİ ȣʌȘȡİıȓĮ ȝİIJȐ IJȘȞ ʌȫȜȘıȘ ıIJȠȞ ȝȘȤĮȞȚıȝȩ țȓȞȘıȘȢ ĮʌĮȚIJİȓ IJȘȞ ʌĮȡȑȝȕĮıȘ İȞȩȢ
İʌĮȖȖİȜȝĮIJȓĮIJİȤȞȚțȠȪİȖțĮIJȐıIJĮıȘȢȝȘȤĮȞȚıȝȫȞțȓȞȘıȘȢțĮȚȠȚțȚĮțȫȞıȣıIJȘȝȐIJȦȞĮȣIJȠȝĮIJȚıȝȠȪ
ǼȐȞ ȑȤİIJİ IJȘȞ ʌĮȡĮȝȚțȡȒ ĮȝijȚȕȠȜȓĮ țĮIJȐ IJȘȞ İȖțĮIJȐıIJĮıȘ IJȠȣ ȝȘȤĮȞȚıȝȠȪ țȓȞȘıȘȢ Ȓ ȖȚĮ
İʌȚʌȜȑȠȞʌȜȘȡȠijȠȡȓİȢİʌȚțȠȚȞȦȞȒıIJİȝİȑȞĮȞĮȞIJȚʌȡȩıȦʌȠIJȘȢ6RPI\ȒĮȞĮIJȡȑȟIJİıIJȘįȚİȪ
șȣȞıȘZZZVRPI\FRP
ȆȡȠİȚįȠʌȠȓȘıȘ
ĮıijĮȜİȓĮȢ 1 ȆȡȠıȠȤȒ ȆȜȘȡȠijȠȡȓĮ ȁ DZȞȠįȠȢ ȀȐșȠįȠȢ

ǼīȀǹȉǹȈȉǹȈǾ
1 ȅįȘȖȓİȢʌȠȣʌȡȑʌİȚȞĮIJȘȡȠȪȞIJĮȚĮʌȩIJȠȞİʌĮȖȖİȜȝĮIJȓĮȝİȖȞȫıİȚȢıIJȠȣȢȝȘȤĮȞȚıȝȠȪȢ
țĮȚĮȣIJȠȝĮIJȚıȝȠȪȢțĮIJȠȚțȚȫȞțĮIJȐIJȘȞİȖțĮIJȐıIJĮıȘIJȠȣȝȘȤĮȞȚıȝȠȪ$OWXV
1 ȂȘȞȡȓȤȞİIJİȤIJȣʌȐIJİIJȡȣʌȐIJİȒȕȣșȓȗİIJİʌȠIJȑIJȠȝȘȤĮȞȚıȝȩ
1 ǼȖțĮIJĮıIJȒıIJİȟİȤȦȡȚıIJȩȤİȚȡȚıIJȒȡȚȠȖȚĮțȐșİȝȘȤĮȞȚıȝȩ
ǼīȀǹȉǹȈȉǹȈǾ
ȆȡȠİIJȠȚȝĮıȓĮIJȠȣȝȘȤĮȞȚıȝȠȪ

1 ǺİȕĮȚȦșİȓIJİȩIJȚȘİıȦIJİȡȚțȒįȚȐȝİIJȡȠȢIJȠȣıȦȜȒȞĮİȓȞĮȚ
ȝİȖĮȜȪIJİȡȘĮʌȩȒȓıȘȝİ
  ȉȠʌȠșİIJȒıIJİ IJĮ İȟĮȡIJȒȝĮIJĮ ʌȠȣ ĮʌĮȚIJȠȪȞIJĮȚ ȖȚĮ IJȘȞ
İȞıȦȝȐIJȦıȘIJȠȣȝȘȤĮȞȚıȝȠȪıIJȠıȦȜȒȞĮIJȠȣȡȩȜİȡ
‡ȉȠʌȠșİIJȒıIJİIJȠȞIJȡȠȤȩțȓȞȘıȘȢ ıIJȠȝȘȤĮȞȚıȝȩ
‡dzIJȠʌȠșİIJȒıIJİIJȘȞțȠȡȫȞĮ țĮȚIJȠȞIJȡȠȤȩțȓȞȘıȘȢ ıIJȠ
ȝȘȤĮȞȚıȝȩ L1 = …
  ȂİIJȡȒıIJİ IJȠ ȝȒțȠȢ /  ĮȞȐȝİıĮ ıIJȠ İıȦIJİȡȚțȩ ȐțȡȠ L1
IJȘȢ țİijĮȜȒȢ IJȠȣ ȝȘȤĮȞȚıȝȠȪ țĮȚ IJȠ ȤİȓȜȠȢ IJȠȣ IJȡȠȤȠȪ
țȓȞȘıȘȢ
ȆȡȠİIJȠȚȝĮıȓĮIJȠȣıȦȜȒȞĮ
  ȀȩȥIJİ IJȠ ıȦȜȒȞĮ IJȠȣ ȡȩȜİȡ ıIJȠ ĮʌĮȚIJȠȪȝİȞȠ ȝȒțȠȢ
ĮȞȐȜȠȖĮȝİIJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞ
  ǹijĮȚȡȑıIJİ IJĮ ȖȡȑȗȚĮ Įʌȩ IJȠ ıȦȜȒȞĮ IJȠȣ ȡȩȜİȡ țĮȚ
ĮʌȠȝĮțȡȪȞİIJİIJĮȡȚȞȓıȝĮIJĮ
  Ȉİ ıȦȜȒȞİȢ ȡȩȜİȡ ʌȠȣ İȓȞĮȚ ȜİȓȠȚ İıȦIJİȡȚțȐ
įȘȝȚȠȣȡȖȒıIJİȝȚĮİȖțȠʌȒȝİIJȚȢİȟȒȢįȚĮıIJȐıİȚȢ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
 ȈȣȖțȡȩIJȘȝĮ ȝȘȤĮȞȚıȝȠȪıȦȜȒȞĮ
 ȆİȡȐıIJİIJȠȝȘȤĮȞȚıȝȩȝȑıĮıIJȠıȦȜȒȞĮIJȠȣȡȩȜİȡ
Ȉİ ıȦȜȒȞİȢ ȡȩȜİȡ ʌȠȣ İȓȞĮȚ ȜİȓȠȚ İıȦIJİȡȚțȐ IJȠʌȠșİIJȒıIJİ
IJȘȞ İȖțȠʌȒ ʌȠȣ įȘȝȚȠȣȡȖȒıĮIJİ ʌȡȠȘȖȠȣȝȑȞȦȢ ʌȐȞȦ ıIJȠ
İȟȩȖțȦȝĮIJȘȢțȠȡȫȞĮȢ
  ȈIJİȡİȫıIJİ IJȠ ıȦȜȒȞĮ IJȪȜȚȟȘȢ ıIJȘ ȡȩįĮ ȝİ 
ȤĮȜȪȕįȚȞĮ IJȣijȜȐ ʌȡȚIJıȓȞȚĮ ‘  PP IJȠʌȠșİIJȘȝȑȞĮ
IJȠȣȜȐȤȚıIJȠȞPPĮʌȩIJȠİȟȦIJİȡȚțȩȐțȡȠIJȘȢȡȩįĮȢ/
țĮȚ IJȠȣȜȐȤȚıIJȠȞ  PP Įʌȩ IJȠ İȟȦIJİȡȚțȩ ȐțȡȠ IJȘȢ ȡȩįĮȢ

ȅȚ ȕ
ȕȓįİȢ
Ȣ Ȓ
Ȓ IJĮ IJȣijȜȐ
ij ʌȡȚIJıȓȞȚĮ
ȡ ʌȡȑʌİȚ
ȡ ȞĮ ıIJİȡİȫȞȠȞIJĮȚ
ȡ L1
1 ȝȩȞȠıIJȠȞIJȡȠȤȩțȓȞȘıȘȢțĮȚȩȤȚıIJȠȝȘȤĮȞȚıȝȩ
ȝ ȡ Ȥ Ș ȘȢ Ȥ ȝȘȤ ȝ

 ǼȖțĮIJȐıIJĮıȘ IJȠȣ ıȣȖțȡȠIJȒȝĮIJȠȢ ȝȘȤĮȞȚıȝȠȪ


ıȦȜȒȞĮ
ǼȖțĮIJĮıIJȒıIJİ țĮȚ ıIJİȡİȫıIJİ IJȠ ıȣȖțȡȩIJȘȝĮ ȝȘȤĮȞȚıȝȠȪ
țȓȞȘıȘȢıȦȜȒȞĮ ıIJȠ ĮțȡĮȓȠ ıIJȒȡȚȖȝĮ  țĮȚ ıIJȠ ıIJȒȡȚȖȝĮ
țȓȞȘıȘȢ

1 ǺİȕĮȚȦșİȓIJİ
ȕ ȩIJȚ IJȠ ıȪȞȠȜȠ ıȦȜȒȞĮȝȘȤĮȞȚıȝȠȪ
Ȓ ȝȘȤ ȝ ȑȤİȚ
Ȥ
ĮıijĮȜȓıİȚıIJȠıIJȒȡȚȖȝĮȐțȡȠȣǾİȡȖĮıȓĮĮȣIJȒĮʌȠIJȡȑʌİȚ
ij Ȓȡ Ȗȝ ȡ ȡȖ Ȓ ȡ
IJȘȞ
Ș ȑȟȠįȠ
ȟ IJȠȣ ıȣȞȩȜȠȣ ıȦȜȒȞĮȝȘȤĮȞȚıȝȠȪ
Ȓ ȝȘȤ ȝ Įʌȩ IJȘȘ
ıIJİȡȑȦıȘIJȠȣıIJȘȡȓȖȝĮIJȠȢȐțȡȠȣ
ȡ Ș Șȡ Ȗȝ Ȣ ȡ
ǹȞȐȜȠȖĮ ȝİ IJȠȞ IJȪʌȠ IJȠȣ ıIJȘȡȓȖȝĮIJȠȢ IJȠʌȠșİIJİȓıIJİ IJȠ
ıIJȒȡȚȖȝĮțİijĮȜȒȢıIJȘșȑıȘ

 ȀǹȁȍǻǿȍȈǾ
ȉĮțĮȜȫįȚĮʌȠȣįȚȑȡȤȠȞIJĮȚĮʌȩȝİIJĮȜȜȚțȩIJȠȓȤȠʌȡȑʌİȚȞĮʌȡȠıIJĮIJİȪȠȞIJĮȚțĮȚȞĮȝȠȞȫȞȠȞIJĮȚ
ȉĮțĮȜȫįȚĮʌȠȣįȚȑȡȤȠȞIJĮȚĮʌȩȝİIJĮȜȜȚțȩIJȠȓȤȠʌȡȑʌİȚȞĮʌȡȠıIJĮIJİȪȠȞIJĮȚțĮȚȞĮȝȠȞȫȞȠȞIJĮȚ
ȡȤ
ȝ
ȝİʌİȡȓȕȜȘȝĮȒȤȚIJȫȞȚȠ
ȡ ȕ Șȝ Ȓ Ȥ
ȈIJİȡİȫıIJİIJĮțĮȜȫįȚĮȫıIJİȞĮĮʌȠijİȣȤșİȓȠʌȠȚĮįȒʌȠIJİİʌĮijȒȝİ
ȈIJİȡİȫıIJİIJĮțĮȜȫįȚĮȫıIJİȞĮĮʌȠijİȣȤșİȓȠʌȠȚĮįȒʌȠIJİİʌĮijȒȝİ
ȡ
țȚȞȠȪȝİȞĮȝȑȡȘ
ȝ ȝ ȡȘ
ǹȞ ȤȡȘıȚȝȠʌȠȚİȓIJİ
ȤȡȘ ȝ IJȠ ȝȠIJȑȡ
ȝ ȡ ıİ İȟȦIJİȡȚțȩ
ȟ ȡ ȤȫȡȠ
Ȥ ȡ Ȓ Ȓ IJȠ țĮȜȫįȚȠ
IJȡȠijȠįȠıȓĮȢ
ȡ ij Ȣ İȓȞĮȚ IJȪʌȠȣ +99) IJȠʌȠșİIJȒıIJİ
Ȓ IJȠ țĮȜȫįȚȠ ıİ
İȟȦIJİȡȚțȩ
ȟ ȡ țĮȞȐȜȚ ȝİ
ȝ ĮȞIJȓıIJĮıȘ ıIJȘȞ ȣʌİȡȚȫįȘ ĮțIJȚȞȠȕȠȜȓĮ ʌȤ
țȐIJȦĮʌȩIJȠıIJȩȝȚȠ
ȝ
ȉȠțĮȜȫįȚȠIJȠȣ$OWXVįİȞİȓȞĮȚĮijĮȚȡȠȪȝİȞȠǹȞȣʌȠıIJİȓȗȘȝȚȐ
ij ȡ ȝ ȗȘȝ
1 İʌȚıIJȡȑȥIJİIJȠȝȘȤĮȞȚıȝȩıIJȠIJȝȒȝĮıȑȡȕȚȢ
ȡ ȥ ȝȘȤ ȝ ȝȒȝ ȡȕ Ȣ
ĭIJȚȐȤȞİIJİ
Ȥ ʌȐȞIJȠIJİ ȝȚĮ
ȝ șȘȜȚȐ
Ș ıIJȠ țĮȜȫįȚȠ IJȡȠijȠįȠıȓĮȢ
ȡ ȖȚĮ ȞĮ
1 ĮʌȠIJȡȑʌİIJĮȚȘįȚİȓıįȣıȘȞİȡȠȪıIJȠȝȘȤĮȞȚıȝȩ
ȡ Ș Ș ȡ ȝȘȤ ȝ
ǼȟĮıijĮȜȓıIJİ
ȟ ij IJȘȞ
Ș ʌȡȩıȕĮıȘ
ȡ ȕ Ș ıIJȠ țĮȜȫįȚȠ IJȡȠijȠįȠıȓĮȢ
ȡ ij Ȣ IJȠȣ
ȝȘȤĮȞȚıȝȠȪʌȡȑʌİȚȞĮȝʌȠȡİȓȞĮĮȞIJȚțĮșȓıIJĮIJĮȚİȪțȠȜĮ
ȝȘȤ ȝ ȡ ȝ ȡ

ǻȚĮțȩȥIJİIJȘȞIJȡȠijȠįȠıȓĮ
ȈȣȞįȑıIJİ IJȠ ȝȘȤĮȞȚıȝȩ ıȪȝijȦȞĮ ȝİ IJĮ ıIJȠȚȤİȓĮ IJȠȣ ʌĮȡĮțȐIJȦ
ʌȓȞĮțĮ

ȅȣįȑIJİȡȠȢ ĭȐıȘ īİȓȦıȘ

ȂʌȜİ ȀĮijȑ
ȁİȣțȩ ȂĮȪȡȠ ȆȡȐıȚȞȠ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
ǼȃǹȇȄǾȁǼǿȉȅȊȇīǿǹȈ
ȆȡȠȖȡĮȝȝĮIJȚıȝȩȢIJȠȣȤİȚȡȚıIJȘȡȓȠȣ576
 ǼȞİȡȖȠʌȠȚȒıIJİIJȘȞIJȡȠijȠįȠıȓĮ
 ȆĮIJȒıIJİIJĮȣIJȩȤȡȠȞĮIJĮțȠȣȝʌȚȐȁ9ıIJȠȤİȚȡȚıIJȒȡȚȠ576
IJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞțȚȞİȓIJĮȚʌȐȞȦțȐIJȦ ȖȡȒȖȠȡȘȐȞȠįȠȢ
țĮȚ țȐșȠįȠȢ  țĮȚ IJȠ ȤİȚȡȚıIJȒȡȚȠ 576 ʌȡȠȖȡĮȝȝĮIJȓȗİIJĮȚ ıIJȠ
ȝȠIJȑȡ
ȅȝȘȤĮȞȚıȝȩȢȕȡȓıțİIJĮȚıIJȘȜİȚIJȠȣȡȖȓĮʌȡȠȖȡĮȝȝĮIJȚıȝȠȪİʌȓ
§ȜİʌIJȐ
DzȜİȖȤȠȢIJȘȢijȠȡȐȢʌİȡȚıIJȡȠijȒȢ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁıIJȠȤİȚȡȚıIJȒȡȚȠ576
D  ǹȞ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ ĮȞȑȕİȚ D  Ș ijȠȡȐ
ʌİȡȚıIJȡȠijȒȢ İȓȞĮȚ ıȦıIJȒ ȆİȡȐıIJİ ıIJȘȞ ʌĮȡȐȖȡĮijȠ
©ȇȪșȝȚıȘIJȦȞȠȡȓȦȞįȚĮįȡȠȝȒȢª
E  ǹȞ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ țĮIJȑȕİȚ E  Ș ijȠȡȐ
ʌİȡȚıIJȡȠijȒȢ įİȞ İȓȞĮȚ ıȦıIJȒ ȆİȡȐıIJİ ıIJȠ İʌȩȝİȞȠ
ȕȒȝĮ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓ ıIJȠȤİȚȡȚıIJȒȡȚȠ576ȑȦȢȩIJȠȣIJȠ
ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ İțIJİȜȑıİȚ ȝȚĮ țȓȞȘıȘ ʌȐȞȦțȐIJȦ Ǿ
ijȠȡȐʌİȡȚıIJȡȠijȒȢȑȤİȚIJȡȠʌȠʌȠȚȘșİȓ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁıIJȠȤİȚȡȚıIJȒȡȚȠ576ȖȚĮȞĮİȜȑȖȟİIJİIJȘijȠȡȐʌİȡȚıIJȡȠijȒȢ

ȇȪșȝȚıȘIJȦȞȠȡȓȦȞįȚĮįȡȠȝȒȢ
ȉĮȩȡȚĮįȚĮįȡȠȝȒȢȝʌȠȡȠȪȞȞĮȡȣșȝȚıIJȠȪȞȝİȠʌȠȚĮįȒʌȠIJİıİȚȡȐ
 ǹȞİȕȐıIJİIJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞıIJȘȞİʌȚșȣȝȘIJȒșȑıȘʌĮIJȫȞIJĮȢIJȠțȠȣȝʌȓȁ
  ȆĮIJȒıIJİ IJĮȣIJȩȤȡȠȞĮ IJĮ țȠȣȝʌȚȐ  țĮȚ  ȑȦȢ ȩIJȠȣ IJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮțȓȞȘıȘ
ȉȠİʌȐȞȦȩȡȚȠįȚĮįȡȠȝȒȢȑȤİȚĮʌȠȝȞȘȝȠȞİȣIJİȓ
  ȆĮIJȒıIJİ IJȠ țȠȣȝʌȓ  ȩIJĮȞ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ
ijIJȐıİȚ ıIJȘȞ İʌȚșȣȝȘIJȒ țȐIJȦ șȑıȘ ȇȣșȝȓıIJİ IJȘ șȑıȘ IJȠȣ
ȝȘȤĮȞȠțȓȞȘIJȠȣ ʌȡȠȧȩȞIJȠȢ ȝİ IJĮ țȠȣȝʌȚȐ ȁ țĮȚ  İȐȞ
ȤȡİȚȐȗİIJĮȚ
  ȆĮIJȒıIJİ IJĮȣIJȩȤȡȠȞĮ IJĮ țȠȣȝʌȚȐ  țĮȚ ȁ ȑȦȢ ȩIJȠȣ IJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮțȓȞȘıȘ
ȉȠțȐIJȦȩȡȚȠįȚĮįȡȠȝȒȢȑȤİȚĮʌȠȝȞȘȝȠȞİȣIJİȓȉȠȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞĮȞİȕĮȓȞİȚțĮȚıIJĮȝĮIJȐıIJȘșȑıȘĮȞȪȥȦıȘȢ
  īȚĮ ȞĮ İʌȚȕİȕĮȚȫıİIJİ IJĮ ȩȡȚĮ įȚĮįȡȠȝȒȢ ʌĮIJȒıIJİ IJȠ
țȠȣȝʌȓ ȑȦȢȩIJȠȣIJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮ
țȓȞȘıȘʌȐȞȦțȐIJȦ
ȉĮȩȡȚĮįȚĮįȡȠȝȒȢȑȤȠȣȞʌȡȠȖȡĮȝȝĮIJȚıIJİȓ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
ȀĮIJĮȤȫȡȚıȘIJȠȣȤİȚȡȚıIJȘȡȓȠȣ576
ȅȝȘȤĮȞȚıȝȩȢȕȡȓıțİIJĮȚıIJȘȜİȚIJȠȣȡȖȓĮʌȡȠȖȡĮȝȝĮIJȚıȝȠȪ
 ȆĮIJȒıIJİ ȖȡȒȖȠȡĮ IJȠ țȠȣȝʌȓ 352* ıIJȠ ȤİȚȡȚıIJȒȡȚȠ 576
ʌȠȣșȑȜİIJİȞĮʌȡȠȖȡĮȝȝĮIJȓıİIJİ
ĺȉȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ İțIJİȜİȓ ȝȚĮ țȓȞȘıȘ ʌȐȞȦțȐIJȦ
IJȠ ıȣȖțİțȡȚȝȑȞȠ ȤİȚȡȚıIJȒȡȚȠ 576 ȑȤİȚ ʌȡȠȖȡĮȝȝĮIJȚıIJİȓ ıIJȠ
ȝȘȤĮȞȚıȝȩ
ǹȞȠȝȘȤĮȞȚıȝȩȢįİȞȕȡȓıțİIJĮȚʌȜȑȠȞıIJȘȜİȚIJȠȣȡȖȓĮʌȡȠȖȡĮȝȝĮIJȚıȝȠȪİțIJİȜȑıIJİȟĮȞȐ
IJȠȕȒȝĮțĮȚȝİIJȐIJȠȕȒȝĮ

ȈȊȂǺȅȊȁǼȈȀǹǿȊȆȅǻǼǿȄǼǿȈīǿǹȉǾȃǼīȀǹȉǹȈȉǹȈǾ
DzȤİIJİİȡȦIJȒıİȚȢȖȚĮIJȠȝȘȤĮȞȚıȝȩ$OWXV
ǻȚĮʌȚıIJȫıİȚȢ ȆȚșĮȞȑȢĮȚIJȓİȢ ȁȪıİȚȢ

ǼȜȑȖȟIJİIJȘȞțĮȜȦįȓȦıȘțĮȚIJȡȠʌȠʌȠȚȒıIJİIJȘȞ
ǾțĮȜȦįȓȦıȘįİȞİȓȞĮȚıȦıIJȒ
İȐȞȤȡİȚȐȗİIJĮȚ
ȉȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞ
įİȞȜİȚIJȠȣȡȖİȓ DzȤİȚİȞİȡȖȠʌȠȚȘșİȓȘșİȡȝȚțȒ
ȆİȡȚȝȑȞİIJİȞĮțȡȣȫıİȚIJȠȝȠIJȑȡ
ʌȡȠıIJĮıȓĮIJȠȣȝȘȤĮȞȚıȝȠȪ

ǾȝʌĮIJĮȡȓĮIJȠȣȤİȚȡȚıIJȘȡȓȠȣȑȤİȚ ǼȜȑȖȟIJİİȐȞȘȝʌĮIJĮȡȓĮȑȤİȚİȟĮıșİȞȒıİȚțĮȚ
İȟĮıșİȞȒıİȚ ĮȞIJȚțĮIJĮıIJȒıIJİIJȘȞİȐȞȤȡİȚȐȗİIJĮȚ
ǼȜȑȖȟIJİIJȘıȣȝȕĮIJȩIJȘIJĮțĮȚĮȞIJȚțĮIJĮıIJȒıIJİIJȠ
ȉȠȤİȚȡȚıIJȒȡȚȠįİȞİȓȞĮȚıȣȝȕĮIJȩ
ȤİȚȡȚıIJȒȡȚȠİȐȞȤȡİȚȐȗİIJĮȚ
ȋȡȘıȚȝȠʌȠȚȒıIJİȑȞĮʌȡȠȖȡĮȝȝĮIJȚıȝȑȞȠ
ȉȠȤİȚȡȚıIJȒȡȚȠʌȠȣȤȡȘıȚȝȠʌȠȚİȓIJĮȚįİȞ
ȤİȚȡȚıIJȒȡȚȠȒʌȡȠȖȡĮȝȝĮIJȓıIJİIJȠıȣȖțİțȡȚȝȑȞȠ
ȑȤİȚʌȡȠȖȡĮȝȝĮIJȚıIJİȓıIJȠȝȠIJȑȡ
ȤİȚȡȚıIJȒȡȚȠ

ǼʌĮȞĮȡȪșȝȚıȘȠȡȓȦȞįȚĮįȡȠȝȒȢǼʌĮȞĮʌȡȠıĮȡȝȠȖȒIJȠȣİʌȐȞȦȠȡȓȠȣįȚĮįȡȠȝȒȢ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁȖȚĮȞĮȝİIJĮțȚȞȘșİȓIJȠȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞıIJȠȩȡȚȠįȚĮįȡȠȝȒȢʌȠȣșȑȜİIJİȞĮȡȣșȝȓıİIJİ
 ȆĮIJȒıIJİIJĮȣIJȩȤȡȠȞĮIJĮțȠȣȝʌȚȐȁțĮȚ ȑȦȢȩIJȠȣIJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮțȓȞȘıȘʌȐȞȦțȐIJȦ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁȒIJȠțȠȣȝʌȓ ȖȚĮȞĮȝİIJĮțȚȞȘșİȓIJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞıIJȘȞȑĮİʌȚșȣȝȘIJȒșȑıȘ
 īȚĮȞĮİʌȚȕİȕĮȚȫıİIJİIJȠȞȑȠȩȡȚȠįȚĮįȡȠȝȒȢʌĮIJȒıIJİIJȠ
țȠȣȝʌȓ ȑȦȢȩIJȠȣIJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮ
țȓȞȘıȘʌȐȞȦțȐIJȦ

ǼʌĮȞĮʌȡȠıĮȡȝȠȖȒIJȠȣțȐIJȦȠȡȓȠȣįȚĮįȡȠȝȒȢ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁȖȚĮȞĮȝİIJĮțȚȞȘșİȓIJȠȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞıIJȠȩȡȚȠįȚĮįȡȠȝȒȢʌȠȣșȑȜİIJİȞĮȡȣșȝȓıİIJİ
 ȆĮIJȒıIJİIJĮȣIJȩȤȡȠȞĮIJĮțȠȣȝʌȚȐȁțĮȚ ȑȦȢȩIJȠȣIJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮțȓȞȘıȘʌȐȞȦțȐIJȦ
 ȆĮIJȒıIJİIJȠțȠȣȝʌȓȁȒIJȠțȠȣȝʌȓ ȖȚĮȞĮȝİIJĮțȚȞȘșİȓIJȠ
ȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞıIJȘȞȑĮİʌȚșȣȝȘIJȒșȑıȘ
 īȚĮȞĮİʌȚȕİȕĮȚȫıİIJİIJȠȞȑȠȩȡȚȠįȚĮįȡȠȝȒȢʌĮIJȒıIJİIJȠ
țȠȣȝʌȓ ȑȦȢȩIJȠȣIJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮ
țȓȞȘıȘʌȐȞȦțȐIJȦ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
ǹȞIJȚțĮIJȐıIJĮıȘȤİȚȡȚıIJȘȡȓȠȣ6RPI\ʌȠȣȑȤİȚȤĮșİȓȒȤĮȜȐıİȚ
1 ǻȚĮțȩȥIJİIJȠȘȜİțIJȡȚțȩȡİȪȝĮȝȩȞȠıIJȠʌȡȠȧȩȞȖȚĮIJȠȠʌȠȓĮșȑȜİIJİȞĮȖȓȞİȚİʌĮȞĮijȠȡȐ
Ȃİ ĮȣIJȒȞ IJȘȞ İʌĮȞĮijȠȡȐ țĮIJĮȡȖȠȪȞIJĮȚ ȩȜĮ IJĮ IJȠʌȚțȐ ȤİȚȡȚıIJȒȡȚĮ ȦıIJȩıȠ įȚĮIJȘȡȠȪȞIJĮȚ ȠȚ
ĮȚıșȘIJȒȡİȢȠȚȡȣșȝȓıİȚȢȠȡȓȦȞįȚĮįȡȠȝȒȢțĮȚȘĮȖĮʌȘȝȑȞȘșȑıȘ
ǺȐȜIJİ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ ıIJȘ șȑıȘ İȞįȚȐȝİıȠȣ
ȪȥȠȣȢ
ǻȚĮțȩȥIJİIJȘȞIJȡȠijȠįȠıȓĮȖȚĮįİȣIJİȡȩȜİʌIJĮ
ǹʌȠțĮIJĮıIJȒıIJİ IJȘȞ IJȡȠijȠįȠıȓĮ įȚțIJȪȠȣ ȖȚĮ  ȑȦȢ
įİȣIJİȡȩȜİʌIJĮ
ǻȚĮțȩȥIJİIJȘȞIJȡȠijȠįȠıȓĮȖȚĮįİȣIJİȡȩȜİʌIJĮ
ǹʌȠțĮIJĮıIJȒıIJİIJȘȞIJȡȠijȠįȠıȓĮįȚțIJȪȠȣIJȠȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞ țȚȞİȓIJĮȚ ȖȚĮ ȜȓȖĮ įİȣIJİȡȩȜİʌIJĮ İȐȞ IJȠ ʌȡȠȧȩȞ
ȕȡȓıțİIJĮȚıIJȘșȑıȘİʌȐȞȦȒțȐIJȦȠȡȓȠȣșĮİțIJİȜȑıİȚȝȚĮ
ıȪȞIJȠȝȘțȓȞȘıȘʌȐȞȦțȐIJȦ 
ȆĮIJȒıIJİ IJȠ țȠȣȝʌȓ 352* ıIJȠ ȞȑȠ ȤİȚȡȚıIJȒȡȚȠ ȑȦȢ ȩIJȠȣ
IJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞİțIJİȜȑıİȚȝȚĮțȓȞȘıȘʌȐȞȦțȐIJȦ
IJȠ ȞȑȠ ȤİȚȡȚıIJȒȡȚȠ ȑȤİȚ ʌȡȠȖȡĮȝȝĮIJȚıIJİȓ țĮȚ ȩȜĮ IJĮ ȐȜȜĮ
ȤİȚȡȚıIJȒȡȚĮȑȤȠȣȞțĮIJĮȡȖȘșİȓ

ǼʌĮȞĮijȠȡȐĮȡȤȚțȫȞȡȣșȝȓıİȦȞ
1 ǻȚĮțȩȥIJİIJȠȘȜİțIJȡȚțȩȡİȪȝĮȝȩȞȠıIJȠʌȡȠȧȩȞȖȚĮIJȠȠʌȠȓĮșȑȜİIJİȞĮȖȓȞİȚİʌĮȞĮijȠȡȐ
ȂİĮȣIJȒȞIJȘȞİʌĮȞĮijȠȡȐțĮIJĮȡȖȠȪȞIJĮȚȩȜĮIJĮȤİȚȡȚıIJȒȡȚĮȩȜȠȚȠȚĮȚıșȘIJȒȡİȢȩȜİȢȠȚȡȣșȝȓıİȚȢ
ȠȡȓȦȞįȚĮįȡȠȝȒȢțĮȚİțIJİȜİȓIJĮȚİʌĮȞĮijȠȡȐIJȘȢĮȖĮʌȘȝȑȞȘȢșȑıȘȢ P\ IJȠȣȝȠIJȑȡ
ǺȐȜIJİ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ ıIJȘ șȑıȘ İȞįȚȐȝİıȠȣ
ȪȥȠȣȢ
ǻȚĮțȩȥIJİIJȘȞIJȡȠijȠįȠıȓĮȖȚĮįİȣIJİȡȩȜİʌIJĮ
ǹʌȠțĮIJĮıIJȒıIJİ IJȘȞ IJȡȠijȠįȠıȓĮ įȚțIJȪȠȣ ȖȚĮ  ȑȦȢ
įİȣIJİȡȩȜİʌIJĮ
ǻȚĮțȩȥIJİIJȘȞIJȡȠijȠįȠıȓĮȖȚĮįİȣIJİȡȩȜİʌIJĮ
ǹʌȠțĮIJĮıIJȒıIJİIJȘȞIJȡȠijȠįȠıȓĮįȚțIJȪȠȣIJȠȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞ țȚȞİȓIJĮȚ ȖȚĮ ȜȓȖĮ įİȣIJİȡȩȜİʌIJĮ İȐȞ IJȠ ʌȡȠȧȩȞ
ȕȡȓıțİIJĮȚ ıIJȠ İʌȐȞȦ Ȓ ıIJȠ țȐIJȦ ȩȡȚȠ įȚĮįȡȠȝȒȢ șĮ
İțIJİȜȑıİȚȝȚĮıȪȞIJȠȝȘțȓȞȘıȘʌȐȞȦțȐIJȦ 
ȆĮIJȒıIJİ IJȠ țȠȣȝʌȓ 352* ıIJȠ IJȠʌȚțȩ ȤİȚȡȚıIJȒȡȚȠ 6RPI\
İʌȓ §  įİȣIJİȡȩȜİʌIJĮ ȑȦȢ ȩIJȠȣ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ
ʌȡȠȧȩȞİțIJİȜȑıİȚįȪȠijȠȡȑȢȝȚĮțȓȞȘıȘʌȐȞȦțȐIJȦ
ĺ ǼțIJİȜİȓIJĮȚ İʌĮȞĮijȠȡȐ IJȠȣ ȝȘȤĮȞȚıȝȠȪ ıIJȚȢ ĮȡȤȚțȑȢ
ȡȣșȝȓıİȚȢ
ǼʌĮȞĮȜȐȕİIJİIJȘįȚĮįȚțĮıȓĮȑȞĮȡȟȘȢȜİȚIJȠȣȡȖȓĮȢ ĮȞĮIJȡȑȟIJİ
ıIJȘȞİȞȩIJȘIJĮDzȞĮȡȟȘȜİȚIJȠȣȡȖȓĮȢ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
ȋȇǾȈǾȀǹǿȈȊȃȉǾȇǾȈǾ
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ȆĮIJȒıIJİıIJȚȖȝȚĮȓĮIJȠ IJȠȝȘȤĮȞȠțȓȞȘIJȠʌȡȠȧȩȞıIJĮȝĮIJȐ
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ȞĮțȚȞİȓIJĮȚțĮȚıIJĮȝĮIJȐıIJȘȞĮȖĮʌȘȝȑȞȘșȑıȘ P\ 
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©ȆȡȩıșİIJİȢȡȣșȝȓıİȚȢª

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ǹȞĮIJȡȑȟIJİıIJȠȞĮȞIJȓıIJȠȚȤȠȠįȘȖȩ

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 ȆȡȠıșȒțȘțĮIJȐȡȖȘıȘ ȤİȚȡȚıIJȘȡȓȦȞ 6RPI\ țĮȚ
ĮȚıșȘIJȒȡȦȞ
ǹȞĮIJȡȑȟIJİıIJȠȞĮȞIJȓıIJȠȚȤȠȠįȘȖȩ

ȅȚİȚțȩȞİȢįİȞİȓȞĮȚįİıȝİȣIJȚțȑȢ
ȈȊȂǺȅȊȁǼȈȀǹǿȊȆȅǻǼǿȄǼǿȈīǿǹȉǾȋȇǾȈǾ
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ǻȚĮʌȚıIJȫıİȚȢ ȆȚșĮȞȑȢĮȚIJȓİȢ ȁȪıİȚȢ
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įİȞȜİȚIJȠȣȡȖİȓ İȟĮıșİȞȒıİȚ ĮȞIJȚțĮIJĮıIJȒıIJİIJȘȞİȐȞȤȡİȚȐȗİIJĮȚ

ȅȝȘȤĮȞȚıȝȩȢȕȡȓıțİIJĮȚıIJȘȜİȚIJȠȣȡȖȓĮ
ȆİȡȚȝȑȞİIJİȞĮțȡȣȫıİȚIJȠȝȠIJȑȡ
șİȡȝȚțȒȢʌȡȠıIJĮıȓĮȢ

ǹȞ IJȠ ȝȘȤĮȞȠțȓȞȘIJȠ ʌȡȠȧȩȞ İȟĮțȠȜȠȣșİȓ ȞĮ ȝȘȞ ȜİȚIJȠȣȡȖİȓ İʌȚțȠȚȞȦȞȒıIJİ ȝİ İʌĮȖȖİȜȝĮIJȓĮ ȝİ
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ǹȞIJȚțĮIJȐıIJĮıȘȤİȚȡȚıIJȘȡȓȠȣ6RPI\ʌȠȣȑȤİȚȤĮșİȓȒȤĮȜȐıİȚ
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ȖȞȫıİȚȢıIJȠȣȢȝȘȤĮȞȚıȝȠȪȢțĮȚĮȣIJȠȝĮIJȚıȝȠȪȢțĮIJȠȚțȚȫȞ

ȉǼȋȃǿȀǹȋǹȇǹȀȉǾȇǿȈȉǿȀǹ

ȉȡȠijȠįȠıȓĮ

ȇĮįȚȠıȣȤȞȩIJȘIJĮ

ĬİȡȝȠțȡĮıȓĮȤȡȒıȘȢ ƒ&ȑȦȢƒ&

ǻİȓțIJȘȢʌȡȠıIJĮıȓĮȢ

ǼʌȓʌİįȠĮıijȐȜİȚĮȢ ȀȜȐıȘ,, ȀȜȐıȘ,

ȂȑȖȚıIJȠȢĮȡȚșȝȩȢȤİȚȡȚıIJȘȡȓȦȞ

ȂȑȖȚıIJȠȢĮȡȚșȝȩȢ
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ȠįȘȖȓİȢ İijȩıȠȞ ijȑȡİȚ ıȒȝĮȞıȘ ȖȚĮ IJȡȠijȠįȠıȓĮ 9a+] țĮȚ ȤȡȘıȚȝȠʌȠȚİȓIJĮȚ ȝİ IJȠȞ IJȡȩʌȠ ʌȠȣ ȣʌȠįİȚțȞȪİIJĮȚ ıIJȚȢ
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