The strategic choice of the multinational firms and the relationship between exports and FDI : application of bivariate probit model, and dynamic gravity model in the Mediterranean area

Texte intégral

(1)The strategic choice of the multinational firms and the relationship between exports and FDI : application of bivariate probit model, and dynamic gravity model in the Mediterranean area Mahmoud Sabra. To cite this version: Mahmoud Sabra. The strategic choice of the multinational firms and the relationship between exports and FDI : application of bivariate probit model, and dynamic gravity model in the Mediterranean area. Economics and Finance. Université de Toulon, 2011. English. �NNT : 2011TOUL2002�. �tel-00736942�. HAL Id: tel-00736942 https://tel.archives-ouvertes.fr/tel-00736942 Submitted on 1 Oct 2012. HAL is a multi-disciplinary open access archive for the deposit and dissemination of scientific research documents, whether they are published or not. The documents may come from teaching and research institutions in France or abroad, or from public or private research centers.. L’archive ouverte pluridisciplinaire HAL, est destinée au dépôt et à la diffusion de documents scientifiques de niveau recherche, publiés ou non, émanant des établissements d’enseignement et de recherche français ou étrangers, des laboratoires publics ou privés..

(2) 1234567389ABCADCBAEFCF26A EAA. !1A1A. EAAAA. A AEA"#$%&AB5A1DEA 1. E'D1(69752895A(621 )*FCBA+ADA DFC852C5A5A,A$-A.C358A/$00A A FC6AF185236A5A26B5AB5ABF385C6A52AD3352357A3F2F*34C57AA. 1 57A3)F35A78689234C57AB57A636*57A*C83283F257A58AA6583F2A52865A57A 55(F6883F27A58A57AA ((3383F2ABC2A*FB75A 6F138A1346398A58ABC2A*FB75AB5A264389AB92*34C5AC5A(97A 9B3856629527AA. 1 3456517898ABC1DE921 F1518E1111111111111111 6F65775C68A:A1234567389ABCADCBAEFCF26AA1 1 21 F15531CE !8C99C1"EDD9#C$9%&111111111119'CC$91(1) 8*C98#B1$+8,9C1- 1.1 F+C151E#988E1"EDD9#C$9%&111111111111111111FE/#9C17C10 'B9C C1411 1111111111111111111111111111111111111111111111111111111111111111111111111111111(1) 8*C98#B17C1E1FB78#C99E BC11 F+C115019#2BC&1"6$''9EAE #%11111111111119'CC$91(1) 8*C98#B17C1E #C1 F134041$$'&1"6$''9EAE #%1111111111111111111111FE/#9C17C10 'B9C C1(1) 8*C98#B17$16$7111111111111111 11111111111111111111111111111111111111111111111111111111111111111111111111111113$ !5E91 F1518E1"89C#C$917C1#2,C%&1111111111119'CC$91(1) 8*C98#B17$16$713$ !5E911 1 1 $8C#1.6771.

(3) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 111. A A A A A A A A A A A A. 1. 71.

(4) 1234567389ABCADCBAEFCF26A EAA. !1A1A. EAAAA. A AEA"#$%&AB5A1DEA 1. E'D1(69752895A(621 )*FCBA+ADA DFC852C5A5A,A$-A.C358A/$00A A FC6AF185236A5A26B5AB5ABF385C6A52AD3352357A3F2F*34C57AA. 1. 1 32C1#9E#CA8128C1'1#2C1+$#8 E#8 E1'89+1E 71#2C19CE#8 28D18C#9CC 1 C:D9#1E 71;1 ((3383F2AF2A1346385A(6F138A*FB58A2BAB92*33A264389A*FB5A32A8)5A5B38566252A 65A. 1 3456517898ABC1DE921 F1518E1111111111111111 6F65775C68A:A1234567389ABCAEFCF26AA1 1 21 F15531CE !8C99C1"EDD9#C$9%&111111111119'CC$91(1) 8*C98#B1$+8,9C1- 1.1 F+C151E#988E1"EDD9#C$9%&11111111111111111FE/#9C17C10 'B9C C1411 111111111111111111111111111111111111111111111111111111111111111111111111111111(1) 8*C98#B17C1E1FB78#C99E BC11 F+C115019#2BC&1"6$''9EAE #%111111111119'CC$91(1) 8*C98#B17C1E #C1 F134041$$'&1"6$''9EAE #%11111111111111111111FE/#9C17C10 'B9C C1(1) 8*C98#B17$16$7111111111111111 111111111111111111111111111111111111111111111111111111111111111111111111111113$ !5E91 F1518E1"89C#C$917C1#2,C%&11111111119'CC$91(1) 8*C98#B17$16$713$ !5E911 1 1 $8C#1.6771. 1. .1.

(5) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1. <1.

(6) 1 23456789ABC95D1 1 1 1 1 9$71 8>C1 #1 #E>C1 #281 DD9#$ 8#-1 #1 9C971 +-1 A9E#8#$7C1 #1 9'1 8E1 B987-1 '91 281 $DC9*88 &1E7*8C&17C78E#8 1E 71A$87E C1'9+1#2C1*C9-1CE9-1#EAC1'1#2819CCE92&192821 C E8C71+C1#1+DC#C1+-1#2C81 1 19$718>C1E> 9C7AC1'91#2C1;9C 21A*C9 +C #12E928D1E 71'911E?2E91 8*C98#-1 8 1E?E1'91#2C891'8 E 8E12CD&192821C E8C1+C1#1+DC#C1#28199>111 1 1 ;$9#2C9+9C&1#28199>1817C78E#C71#1+-1DE9C #&1+-18C*C7198'C1E 71+-12879C 1'91#2C891 DE#8C C&1$ 7C9#E 78 A&1$DD9#1E 71E98'8C132C1A9CE#C#1#2E >11C:D9C1#1+-1'E+8-1'91 #2C891C 7C1$DD9#&1*C1E 718 '8 8#C1C $9EAC+C #E1C *89 +C #11 1 E#-&1 1 #2E >1 E1 #2C1 921 8 1 C1 9E-1 91 #2C1 #2C91 2E*C1 +E7C1 #281 99>1 E1 $C&1 8$#1 92C1 E+C1E9C1 #1+C #8 C71. 1 1 1 1 1 1 1 1 1 1 1 1. =1.

(7) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1. @1.

(8) 1 F285287A A 8#1'1'8A$9C11 1 8#1'13E8C11 1 B$+C17C1#2,C17C17#9E#1BBBBBBBBBBBBBBBBBBBB7@1 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 71 #97$#8. 1BBBBBBBBBBBBBBBBBBBBBBBBBBBBAA1. 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 .1;1E 715:D9#18 1;9E C216+C16#-8?C71;E#BBBBBBBBB1CD11111111111111 1111.71 #97$#8 1E 717C'8 8#8 BBBBBBBBBBBBBBBBBBBB1CE11 1111..1;18 1;9E CBBBBBBBBBBBBBBBBBBBBBBBBBB11D.1 AAAAAAAAAAAA/+/+0A53528A8652B7A32A;A32A;6235A2BA8)5A<F6BABBBBBBBBBBB1D.1. 111.<15:D9#18. 78E#9BBBBBBBBBBBBBBBBBBBBBBBBB1E=1. 1111.=1F$#8 E#8 E1C #C9D98C1E 71#2C18 #C9 E#8 E1D97$#8 1E#8*8#8CBED1 AAAAAAAAAAAA/+=+0A625A2BA4569A625A;6523)A3F*(2357BBBBBBBBBBBBB117671. AAA.@16$#2C9. 1E 715E#C9 1FC78#C99E CE 18E8 BBBBBBBBBBBBB176=111. 1111.A10 $8 BBBBBBBBBBBBBBBBBBBBBBBBBBB176D1 1. <1;1E 715:D9#1CE#8 28D2132C98C1E 715+D898E15*87C C76E1 1<71 #97$#8. BBBBBBBBBBBBBBBBBBBBBBBBBBB76E1. 1<.132C98C1'1F$#8 E#8 E15 #C9D98CBBBBBBBBBBBBBBB77711. 111111111>+/+0AE)5F65833A13?26FC2BBBBBBBBBBBBBBBBBBBBB7771 AAAAAAAA>+/+/AE)5F6357AF6A'F63@F28A;BBBBBBBBBBBBBBBBBBB77=1 AAAAAAAAAAA>+/+>AE)5F6357AF6A56833A;BBBBBBBBBBBBBBBBBBBB77D1. 1. A1.

(9) AAAAAAAA>+/+=AA2F<5B25A(38AFB5BBBBBBBBBBBBBBBBBBBB7.711 1111<<15:D9#1E 71;BBBBBBBBBBBBBBBBBBBBBBBBB7.A1 11111111111>+>+0A286FBC383F2BBBBBBBBBBBBBBBBBBBBBBBBB7.AAA AAAAAAAAAAA>+>+/AE)5F65833A38568C65BBBBBBBBBBBBBBBBBBBBB7.C1 AAAAAAAAAAAAAAAAAAAA>+>+/+0ADC17838C83F2A75BBBBBBBBBBBBBBBBBBBB7.D1 11111111111111111111>+>+/+/AF*(5*52869A75BBBBBBBBBBBBBBBBBB7<.1 111111111111111111111111111111111<<..7132C19CD9CC #E#8*C1+DE -198#218 AC1D97$#BBBB7<.1 111111111111111111111111111111111<<...168 AC1D97$#198#212C#C9AC C$1+DE 8CBBBBB7<=11 111111111111111111111111111111111<<..<10+DE -1D97$C1+9C1#2E 1 C1D97$#BBBBBBB7=61. 111<=15+D898E1C*87C CBBBBBBBBBBBBBBBBBBBBBBBB7==11 111111111>+=+0A*(3633A<F6?A32A8)5A5B38566252A65BBBBBBBBBBBB7@@1 111<@16$++E9-1E 710 $8 BBBBBBBBBBBBBBBBBBBBB7@E1 1. =10+DE 8C)1#9E#CA-128C18C#9CC 1;1E 715:D9#BBBBBB7A.1 111=71 #97$#8 BBBBBBBBBBBBBBBBBBBBBBBBBBB7A.1 111=.132C9C#8E1+7CBBBBBBBBBBBBBBBBBBBBBBBB7A@1 11111111111=+/+0AF27C*56A 6565652357A2BAB36656528A5*2BBBBBBBBBBBB7AC1 AAAAAAAAAAA=+/+/AE)5A7C((9A73B5A2BA(6F638A*53*3@83F2BBBBBBBBBBBBB7C71 AAAAAAAAAAA=+/+>AE)5A(6F6387A6C2383F27A2BA8)5A3C8AF66A(F3287BBBBBBBBBBBBB7CC1 AAAAAAAAAAA=+/+=A)2257A8A2BAB3665652357A32A8)5AB3C8F66A F3287BBBBBBBBBB7D71. 111=<132C15+D898E1F7CBBBBBBBBBBBBBBBBBBBBBBB7D=1 AAAAAAAAAA=+>+0A32A55(28F69A463157BBBBBBBBBBBBBBBBBBB7DD11 AAAAAAAAAA=+>+/AF286FA463157BBBBBBBBBBBBBBBBBBBBBBBB7E<1. 111==1E#EBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB7ED1 111=@1E#E1D9C8 A1+C#27A-BBBBBBBBBBBBBBBBBBB.6.1 AAAAAAAAAA=+#+0A;3678,AE)5A*32A463157BBBBBBBBBBBBBBBBBBBB.6=1 AAAAAAAAAA=+#+/AE)5A3F286FA463157BBBBBBBBBBBBBBBBBBBBBB.761 AAA=A15 +C#981FC#27A-BBBBBBBBBBBBBBBBBBBBB.7E1 AAAAAAAAAA=+-+0AE)5A58)FB,AE)5A346385A 6F138AFB5BBBBBBBBBBBBB..61 AAAAAAAAAAAAAAAAAAA=+-+0+0AE)5A346385A 6F138AFB5A2BA783*8322BBBBBBBBB..61 AAAAAAAAAAAAAAAAAAAAA=+-+0+/A6232A665387A32AA346385A 6F138AFB5BBBBBBBBB...1 AAAAAAAAAA=+-+/A3F2F*58633A783*83F2A 6F35BC65ABBBBBBBBBBBBBBBB..=1 1. C1.

(10) AAA=C15#8+E#8 ADE9#BBBBBBBBBBBBBBBBBBBBBBBBBB..A1 1111111111=+C+0A346385A(6F138A65265773F2BBBBBBBBBBBBBBBBBBBB..A1 AAAAAAAAAAAAAAAAAAA=+C+0+0A57C87A29737BBBBBBBBBBBBBBBBBBBBB.<.1 1111111111111111111111111111111=C77716#E#8#8E198$# CBBBBBBBBBBBBBBBB.<.1 1111111111111111111111111111111=C77.15 +819C$#BBBBBBBBBBBBBBBBB.<=1 AAAAAAAAAA=+C+/AE)5A*6232A5665387BBBBBBBBBBBBBBBBBBBBBB.<D1 AAAAAAAAAAAAAAAAAAAA=+C+/+0A6232A5665387A6856A1346385A(6F138A32A8)5A625A3F*(2357BB.=71 AAAAAAAAAAAAAAAAAAAA=+C+/+/A6232A5665387A6856A1346385A(6F138A32A8)5A4569A625AAAAAAAAAAAAAAAAAAAA 3F*(2357.=<1 AAAAAAAAAAAAAAAAAAAA=+C+/+>A 6232A 5665387A 6856A 1346385A (6F138A 32A 8)5A 26FC(A F6A A 3F*(2357BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.=C1. 111=D10 $8 BBBBBBBBBBBBBBBBBBBBBBBBBB.@71. @119E*8#-1DE C1E E-81'1;9C 21C:D9#1E 714$#9E971;18 1 1116CC#C71FC78#C99E CE 1$ #98C1BBBBBBBBBBBBBBBBB.@E1 111@71 #97$#8 BBBBBBBBBBBBBBBBBBBBBBBBBBB.@E11. AAA@.132C1#2C9C#8E1. 87C9E#8 BBBBBBBBBBBBBBBBBBB.A.1. 1111@<132C15+D898E1F7CBBBBBBBBBBBBBBBBBBBBBBB.CC1 1111@=1F7C1DC8'8E#8 BBBBBBBBBBBBBBBBBBBBBBB.D.1 1111111111#+=+0A;F65322AB36538A324578*528BBBBBBBBBBBBBBBBBBBB.D<1 AAAAAAAAAAAA#+=+/A225BA463157A6F6A55(F687A2BA;BBBBBBBBBBBBBB.D=1 AAAAAAAAAAAA#+=+>AD A26F<8)A685BBBBBBBBBBBBBBBBBBBBBBB.DA1 AAAAAAAAAAAA#+=+=A378235BBBBBBBBBBBBBBBBBBBBBBBBBBB.DC1 AAAAAAAAAAAA#+=+#A(522577BBBBBBBBBBBBBBBBBBBBBBBBBB.DD1 AAAAAAAAAAAA#+=+-A53)225A685BBBBBBBBBBBBBBBBBBBBBBBB.DE1 AAAAAAAAAAAA#+=+CAE)5A3F2F*33A;655BF*A2B55A";&BBBBBBBBBBBBBBB.E61 AAAAAAAAAAAA#+=+EAD,AD3*36389A158<552A3FC286357BBBBBBBBBBBBBBB.E71 AAAAAAAAAAAA#+=+%A;,A58345A638F6A52BF<*5287BBBBBBBBBBBBBBBB.E.1 11111@@1E#EBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.EA1. 1111@A15 +C#981FC#27A-BBBBBBBBBBBBBBBBBBBB.EC1 1111@C1C$#BBBBBBBBBBBBBBBBBBBBBBBBBBBBB<661 AAAAAAAAAAAA#+C+0A2856(65883F2AF6A657C87BBBBBBBBBBBBBBBBBBBB<6=1. 1. D1.

(11) 11111@D10 $8 BBBBBBBBBBBBBBBBBBBBBBBBBB<6D1. A1 0 $8 BBBBBBBBBBBBBBBBBBBBBBBBBBBB<761 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 1888A9ED2-BBBBBBBBBBBBBBBBBBBBBBBBBBBB<7A1 1. 19E*8#-1CF$E#8 1*E98E C1+E#98C1E 71A9ED2BBBBBBB<<A1 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 115 +C#981FC#27BBBBBBBBBBBBBBBBBBBBBB<<E1. 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 B$+BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB<=E1 11 1 1 AAAAAAA A AAAAAAAAAAAAA A A A A AAAAAAAAAAAAA A A. 1 A 1 A AA 1 1 1 A. A. 1. E1.

(12) A 378AF6A;32C657A 1 ;8A$9C1.72132C199718 '91E 71$#'9BBBBBBBBBBBBBBBBBBBD=1 ;8A$9C1..2132C1$#'91;1'1#2C1997987C1+E8 1A9$DBBBBBBBBBBBBDC1 ;8A$9C1.<2132C1;9C 218 '91E 71$#'91'1;BBBBBBBBBBBBBBBBDC1 ;8A$9C1.=2132C15$9DCE 1E 71;9C 21#1#2C19971#>BBBBBBBBBBBBBE61 ;8A$9C1.@2132C145012E9C1#1#2C1##E1;9C 21$#9E971;BBBBBBBBBBBE71 ;8A$9C1.A2132C19971C:D9#1#9$#$9CBBBBBBBBBBBBBBBBBBBBEC1 ;8A$9C1.C2132C1;9C 21C:D9#1#9$#$9C1BBBBBBBBBBBBBBBBBBBEC1 ;8A$9C1.D2132C1;9C 21C:D9#1E 71#2C1;9C 21$#9E971;BBBBBBBBBBBBED1 ;8A$9C1.E2132C1C+D-CC)1 $+8C918 1#2C1;9C 21E9AC1+DE 8CBBBBBBBBB76<1 ;8A$9C1.762132C1C+D-CC1 $+8C917C*CD+C #18 1#2C1*C9-1E9AC1+DE 8CBBBB76<1 ;8A$9C1.772132C1C:D9#1#$9 *C91'1#2C1;9C 21+DE 8CBBBBBBBBBBBB76=111 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 ;8A$9C1<721498? #E1E 715C9#8E1;18 1#2C13!01F7CBBBBBBBBBBBB7.<1 ;8A$9C1<.2139188C16#9E#CA8C1#1F51#16C9*C1#2C1;9C8A 1FE9>C#BBBBBB7.E1 ;8A$9C1<<21098#8E1;9C8A 1FE9>C#168?C1G$#8'8C1;1E 715:D9#1#9E7C!''BBBBB7<711 ;8A$9C1<=2198E888#-17C 8#-1'1D97$#8*8#-BBBBBBBBBBBBBBBBB7<A1 ;8A$9C1<@214C#C9AC C$197$#8*8#-1E 71#2C15:D9#1*C9$1;1C88 BBBBB7<C1 ;8A$9C1<A210$+$E#8*C178#988$#8 1'1C #C9D98C1#-DC18EC71 1#2C1+E9A8 E1#1 78''C9C CBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB7<E1 1 ;8A$9C1=7218''C9C #1+DE 8C1#-DC1"&1H&11E 71%178#988$#8 BBBBBBBBB7C.A ;8A$9C1=.2132C178''C9C #1D8888#8C1'91#2C1+E9>C#1C9*8 ABBBBBBBBBBBB7CE1 ;8A$9C1=<218''C9C #1#9E#CA-128C198#2178''C9C #178#E C1E 71E+C1D97$#8*8#-1C*C17D<1 ;8A$9C21==2132C1EC192821#2C1$#8+E#C19 C91E )#18C178DE-C7BBBBBBBBB.7=11 ;8A$9C1=@21 C17C#C9+8 8#81$#!''18C#9CC 1#2C178''C9C #1#-DCBBBBBBBBB.=611 =A12132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1E9AC1+DE 8C1" C91D9:-%BBBBB.@<1 =A112132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1E9AC1+DE 8C1"#9E78#8 E1D9:-%BBB.@<1 =C12132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1*C9-1E9AC1+DE 8C1" C91D9:-%BBB.@=1 =C112132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1*C9-1E9AC1+DE 8C1"#9E78#8 E1D9:-%B.@=1 =D12132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1E1E9AC1+DE 8C1" C91D9:-%BBBB.@@1 1. 761.

(13) =D112132C17C 8#-1">C9 C%1C#8+E#8 1A9ED218 1E1E9AC1+DE 8C1"#9E78#8 E1D9:-%B.@@1 =E1210$+$E#8*C18#988$#8 19ED218 1E9AC1+DE 8C1" C91D9:-%BBBBBBBB.@A1 =E11210$+$E#8*C18#988$#8 19ED218 1E9AC1+DE 8C1"#9E78#8 E1D9:-%BBBB.@A1 =761210$+$E#8*C18#988$#8 19ED218 1*C9-1E9AC1+DE 8C1" C91D9:-%BBBBB.@C1 =7611210$+$E#8*C18#988$#8 19ED218 1*C9-1E9AC1+DE 8C1"#9E78#8 E1D9:-%BB.@C1 =771210$+$E#8*C18#988$#8 19ED218 1E1E9AC1+DE 8C1" C91D9:-%BBBBB.@D1 =7711210$+$E#8*C18#988$#8 19ED218 1E1E9AC1+DE 8C1"#9E78#8 E1D9:-%BBB.@D1 A. A 1 AAAAAAA A. 1 A A A A. A. A A A A A A A A A A 1. 771.

(14) 378AF6AE157AA 3E8C1.721I97&1C +81A9$D1E 71CE78 A1$ #98C1;18 '91E 71$#'9&1E6!6ED@1 3E8C1..21I97&19CA8 &1E 71CE78 A1$ #98C1;1#>&17EE61J1.66E18 1888 BBBDD1 3E8C1.<2148A2C#1#29CC1E#CA98C1'19971;18 '91E 71$#'9&18 1.66EBBBBBE71 3E8C1 .=21 ;9C 21 $#9E971 E 71 8 9E971 #>1 E 71 '91 '1 ;1 E1 E1 DC9C #EAC1 '1 #2C1 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBE.11 3E8C1 .@21 ;9C 21 $#9E971 ;1 '91 E 71 #>1 E89E7&1 #1 4501 C +8C1 8 1 DC9C #EACBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBE.1 3E8C1.A21;9C 21;18 '91DC9'9+E C&1D#C #8E18 7C:1E 71$#'91DC9'9+E C18 7C:E<11 3E8C1.C2132C1A8E&19CA8 E1E 71CE78 A1$ #98C1C:D9#&1E 71;9C 21C:D9#1#9$#$9CEA1 3E8C1.D216CC#C718 78E#91'1A8E1;1E 718 #C9 E#8 E1D97$#8 &17EE6!.66EBBED1 3E8C1.E2132C1#9E E#8 E8#-18 7C:1'1#2C17661E9AC#1997987C1E 71#9E 8#8 E17C*CD8 A1 F5&18-12+C1C +8CBBBBBBBBBBBBBBBBBBBBBBBBB7671 3E8C1.762132C1C+D-CC)1 $+8C918 1#2C1E9AC1;9C 21+DE 8C18 1#2$E 7BBBB76.1 3E8C1.772132C1E9AC1E 71*C9-1E9AC1;9C 21+DE -)1C:D9#1#$9 *C918 1+88 BB76=1 3E8C1.7.2132C1;1'918 1CC#C71FC78#C99E CE 1$ #98C18-19E AC&18 1.66EBBB76@1 3E8C1.7<21FE9C +818 78E#91'1$#2C9 1E 71CE#C9 1FC78#C99E CE 1$ #98CB76A11 3E8C1<7210 78#8 1'91#2C15:8#C C1'1498? #E1;BBBBBBBBBBBBB77C1 3E8C1<.210 78#8 1'91#2C15:8#C C1'15C9#8E1;BBBBBBBBBBBBBB7.71 3E8C1<<216CC#C71C+D898E19CCE921 1;1E 71C:D9#19CE#8 BBBBBBBBB7=E1 3E8C1<=21E#E1#-DC19CD9CC #8 A1;1E 71C:D9#18C#9CC 178''C9C #1#$78CBBBBB7@.1 3E8C1=72132C1*E98E8C18 1#2C1#2C9C#8E1+7C1E 71#2C891D9:8CBBBBBBBBB7D@1 3E8C1=.2132C1D9C78#C71C''C#1'1#2C1*E98E8C1 1#2C1#91#9E#CA8CBBBBBBBB7E@1 3E8C1=<2132C1*E98E8C&1#2C891D9:8C1E 71#2C19C1'1#2C1*E98E8CBBBBBBBBB7EA1 3E8C1==216+C178''C9C C18C#9CC 1#2C1#91A9$D1"E9AC1E 71*C9-1E9AC1+DE 8C%B7EC1 3E8C1=@215:D9#17E#E1E*E8E888#-18 1##E1+DE 8C18 1#2C15$9DCE 1$ #98CBBBB.661 3E8C1 =A21 5:D9#1 7E#E1 E*E8E888#-1 8 1 #2C1 *C9-1 E9AC1 +DE 8C1 8 1 +C1 5$9DCE 1 $ #98CBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.671 3E8C1=C215:D9#17E#E1E*E8E888#-18 1#2C1E9AC1+DE 8C18 1+C15$9DCE 1$ #98CB11.671 3E8C1=D2132C1EAC1*E98E8C18 1E9AC1+DE 8CBBBBBBBBBBBBBBBBB.6=1 3E8C1=E2132C1EAC1*E98E8C18 1*C9-1E9AC1+DE 8CBBBBBBBBBBBBBBB.6=1 3E8C1=762132C1 $+8C91'1C+D-CC1*E98E8C18 1E9AC1+DE 8CBBBBBBBBBB.6@1 3E8C1=772132C1 $+8C91'1C+D-CC1*E98E8C18 1#2C1*C9-1E9AC1+DE 8CBBBBBB.6@1. 1. 7.1.

(15) 3E8C1=7.2132C1D97$#8*8#-1D9:8C18 1E9AC1+DE 8C1#2$E 715$9BBBBBBB.6C1 3E8C1=7<2132C1D97$#8*8#-1D9:8C18 1*C9-1E9AC1+DE 8C1#2$E 715$9BBBBB.6C1 3E8C1=7=2132C14C9'8 E218 7C:1$C718 1$919CA9C8 1'91#2C1E9AC1+DE 8CBBBB.6D1 3E8C1=7@2132C18 #E A88C1EC#1*E98E8C18 1#2$E 718 1E9AC1+DE 8CBBBBBB.761 3E8C1=7A2132C18 #E A88C1EC#1*E98E8C18 1#2$E 718 1#2C1*C9-1E9AC1+DE 8CBB.761 3E8C1=7C21E9AC1+DE 8C)1E8'8E#8 1E978 A1#2C18 7CDC 7C C18 78E#918 1#2C1 98A8 E17E#E8ECBBBBBBBBBBBBBBBBBBBBBBBBBBBB.7@1 3E8C1=7D2132C1#C 18 7$#98C1E8'8E#8 1E 71#2C8919 1C#8 18 1#2C1051C*.B.7A11 3E8C1=7E2119E71#9$#$9C1'1051C*1.BBBBBBBBBBBBBBBBBB.7A1 3E8C1=.62132C1*E98E8C&192821E9C18 $7C718 1#2C1#C#BBBBBBBBBBBBB..@1 3E8C1=.72132C12C 1+E9>C#1C9*8 A1#9E#CA-18 1#2C178''C9C #1+DE 8C)17E#EC#BB..A1 3E8C1=..2132C1#-DC1'1#2C1#C#1*E98E8C18 1#2C1+7CBBBBBBBBBBBBBB..C1 3E8C1=.<2139$>E!IE81CF$E8#-1'1DD$E#8 19E >1#C#BBBBBBBBBBBB..D1 3E8C1=.=2132C188*E98E#C1D988#1C#8+E#8 BBBBBBBBBBBBBBBBBBB.<61 3E8C1=.@2132C1*E98E C18 'E#8 1'E#91"5;%1#17C#C#1+$#88 CE98#-1BBBBBB.<<1 3E8C1=.A2132C1+E9A8 E1C''C#1 1#2C178''C9C #1#9E#CA8CBBBBBBBBBBBB.=71 3E8C1=.C2132C1AC C9E1D98E888#-1'178 A1CE21#9E#CA-18 1#2C1E9AC1+DE 8C1A9$DB.=<1 3E8C1=.D2132C1+E9A8 E1C''C#1 1#2C1'$9178''C9C #1#9E#CA8CBBBBBBBBBB.==1 3E8C1=.E2132C1AC C9E1D98E888#-1'178 A1CE21#9E#CA-18 1#2C1*C9-1E9AC1+DE 8C1 A9$DBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.=A1 3E8C1=<62132C1+E9A8 E1C''C#1 1#2C1'$9178''C9C #1#9E#CA8CBBBBBBBBBB.=C1 3E8C1=<72132C1AC C9E1D98E888#-1'178 A1CE21#9E#CA-18 1#2C1*C9-1E9AC1+DE 8C1 A9$DBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.=E1 3E8C1=<.2132C1C''C#1789C#8 1'1#2C1+DE -12E9E#C98#81 1C:D9#1E 71;18 1#2C1 78''C9C #1+DE 8C1A9$DBBBBBBBBBBBBBBBBBBBBBBBBB.@61 3E8C1@72132C1C:2E AC19E#C18+DE#1 1#2C1;9C 21C:D9#1E 71$#9E971;BBBBB.E61 3E8C1@.2132C1C:DC#C71C''C#1'1#2C1C:DE E#9-1*E98E8C1 1C:D9#1E 71;BBBB.E=1 3E8C1@<2132C1+7C1C#8+E#91E 71#2C1 A19$ 1DE9E+C#C9BBBBBBBBBBB<671 3E8C1@=2132C1*E98E C18 'E#8 1'E#91"5;%&1'91#2C1#91CF$E#8 BBBBBBBB<6<1 3E8C1@@2132C16E9AE #1#C#BBBBBBBBBBBBBBBBBBBBBBBBB<6=1 3E8C1@A219CE !1 71#C#1'91?C91E$#99CE#8 18 1'89#!78''C9C C71C999BBBB<6=1 3E8C1@C2132C19CE#8 28D1789C#8 18C#9CC 1#2C1*E98E8C&18 1#2C1C +C#9819C$#B<6C1 1 1 1. 7<1.

(16) A. 1 A A. 1 1 1111. A. AAAAAAAAAAAAAAAAA. A A 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1. 7=1.

(17) 1 1 1. 97C*9AB5A8)775AB5ABF38F68A 1 1 1. 57A3)F35A78689234C57AB57A636*57A*C83283F257A58AA 6583F2A52865A57A55(F6883F27A58A57A,A A DD8E#8 17)$ 1+7,C1988#188!*E98B1C#17)$ 1+7,C17C1 A9E*8#B17- E+8F$C1E$:1DE-1FB78#C99E BC 1 1 1 1 E 1C17C9 8,9C17BC. 8C&17C1 +89C$C1#2B98C1 #1B#B17B*CDDBC1D$91C:D8F$C91C1. '$:1 7C1ED8#E$:1C#17C1 +E92E 78C1C #9C1C1 E#8 1 0C1 #2B98C1 8 $C #1 #E++C #1 C1 7B#C9+8 E #17C1'$:17)B2E AC1C#17C151E8 81F$C1C19KC17C1B2E AC1D$91C:D8F$C91C1 51C#1*8C!*C9E15 1DE9#8$8C9&1E19CE#8 1C #9C1++C9C18 #C9 E#8 E1C#151E1'E8#1)8GC#1 7)$ C1 9C2C92C1 98E #C1 E$1 $91 7C1 E BC1 9BC #C1 )$ 1 D8 #1 7C1 *$C1 7C1 D8#8F$C1 B +8F$C&1 )C#1 $ C1 F$C#8 1 #9*C9BC1 F$81 E1 7C1 8+D8E#8 1 8+D9#E #C1 $91 )B +8C1 EC1 0C1 7B8E#1 E1 7)E8C$91 E9AC+C #1 7BDEB1 C1 E79C1 #2B98F$C1 D$8F$C1 7C1 +89C$C1 B#$7C1 C+D898F$C1 #1 BAEC+C #1 B#B1 C''C#$BC1 1 C$C+C #1 E$1 8*CE$1 +E9B +8F$C1+E81D$19BC++C #1E$1 8*CE$17C1)C #9CD98C1 1. 1. 7@1.

(18) E 1C##C1#2,C&1 $178$# 1C##C19CE#8 1C#1#C # 17C1#9$*C91$ C19CE#8 17C1 A1#C9+C1 C #9C1 C1 *E98E8C1 E 1 C##C1 E E-C&1 $1 B#$78C9 1#$#1 7)E8971 7C1 +E 8,9C1 C+D898F$C11 C17B#C9+8 E #17C1C:D9#E#8 1C#17C1)5&1(1E1'81E$1 8*CE$1+891C#1+E910C81 $1 DC9+C##9E1 DE91 E1 $8#C1 7C1 7B#C#C91 D$1 D9B8B+C #1 E1 9CE#8 1 C #9C1 C17C$:1 *E98E8C1 $1 D9B8B+C #&1C##C1#2,C1+D9#C1C1D8 #1$8*E #211 1 $1 8*CE$1+891 " 8*CE$1 7C1 E1 '89+C%&1 C1 +$#8 E#8 EC1 #1 $CD#88C1 7C1 +C##9C1 C 1 L$*9C1 C1 7C$:1E#8*8#B1 "C:D9#E#8 1C#15%1D$91 C9*891 C1 +E92B1 B#9E AC9&1 +E81 C1 28:1 #9E#BA8F$C1 7C1 +$#8 E#8 EC1 DC9+C##C #1 E$81 7C1 28891 C #9C1 C:D9#E#8 1 C#1 516$91 C1 D8 #&1 E1 D97$#8*8#B17C1 C #9CD98C1+$#8 E#8 EC1E8 81 F$C1 C$91 E$#9C1 E9E#B98#8F$C1 #1 $ 1 9KC1 9$8E1 D$91 BE89C91 C1 +BE 8+C1 7C128:1 C #9C1 C1 #9E#BA8C1 C#1E19CE#8 1C #9C1C:D9#E#8 1C#18 *C#8C+C #10C81'C9E1)8GC#17C1E1D9C+8,9C1DE9#8C1F$81 D9DC9E1$ C1EDD8E#8 1E$1E1'9E ME81E 1C##C1DE9#8C&1 $178#8 A$C9 1BAEC+C #1C1 7B88 1 #9E#BA8F$C1 C 1 ' #8 1 7C1 E1 #E8C1 7C1 )C #9CD98C1 "#9,1A9E 7C1 $1 A9E 7C1 C #9CD98C1'9E ME8C%1 1 $1 8*CE$1+E9&1 $12C92C9 1(187C #8'8C91C17B#C9+8 E #18+$#E B17C1C:D9#E#8 1 C#17C151$91C1'E89C&1$ 1-#,+C1A9E*8#E89C17- E+8F$C188*E98B1C9E1C#8+B1E'8 17)BE89C91 C1 9KC1 7C1 C1 7B#C9+8 E #1 C#1 E1 9CE#8 1 C #9C1 C:D9#E#8 1 C#1 51 0C81 'C9E1 )8GC#1 7C1 E1 C 7C1 DE9#8C&1 F$81 C9E1 EDD8F$BC1 E$:1 B2E AC1 C #9C1 E1 ;9E C1 C#1 78:1 DE9#C E89C1 C$9! +B78#C99E BC 1 C1 28:1 7C1 C1 DE-1 )EDD$8C1 $91 )8+D9#E C1 F$)81 9C*N#C #1 7E 1 C1 B2E AC1'9E ME81E91E8C$9&1)E8C C17C18##B9E#$9C1EDD8F$BC1(1C1DE-17E 1C17+E8 C1 #8#$C1$ C1+#8*E#8 1$DDB+C #E89C1 1 8 8&1C1#9E*E81*8C1(1 #988$C91(1+8C$:1C9 C91E1 E#$9C17C19CE#8 1C #9C1C:D9#E#8 1C#1 51 C1 C##C1 9CE#8 1 7BDC 71 C 1 C''C#1 7C1 +89C$:1 8 78E#C$91 7C1 )B +8C1 EC1 E91 C:C+DC&1 C1 C:D9#E#8 1 #988$C #1 (1 EBB9C91 E1 98E C1 C#1 E1 +DB#8#8*8#B1 7C1 )B +8C17+C#8F$C&1C#17 1(19B7$89C1C12K+EAC1C#1C17B'88#1++C98E$:1 11 C1 +N+C&1)8 #C9 E#8 E8E#8 1 7C1 C #9CD98C1 +$#8 E#8 EC1 ";F%1 C#1 E198E C17C1 51DC9+C##C #1(1)B +8C17+C#8F$C17)E+B89C91)E,1E$:19C$9C1C#1E$:1+E92B1. 1. 7A1.

(19) C:#B98C$9&1 C1 F$81 DC9+C#1 7)E$A+C #C91 )C+D81 7E 1 C1 '88EC1 E8 81 F$C1 C1 #9E 'C9#1 '8 E 8C91(1)B +8C1EC11 E91 BF$C #&1$ C1 9CE#8 1 7C1 $8#8#$#8 1 C #9C1 C:D9#E#8 1 C#1 51 C#1 $CD#88C1 7C1 78+8 $C91E1 D97$#8 1C#1 7)BC*C91 C1#E$:1 7C1 2K+EAC1(1 A1 #C9+C&17E 1C1 E1 O1 )51E$A+C #C15 19C*E 2C&1$ C1 9CE#8 1 7C1 +DB+C #E98#B1D$99E8#1N#9C1 D$1 'E*9E8C1 (1 )B +8C1EC1C 1E+B89C91)C+D8&1E198E C&1E1D9BC C1B +8F$C1(1)B#9E AC91C#1 E1+DB#8#8*8#B1C1D$&1$ C1+C8C$9C1+D9B2C 8 17C128:1#9E#BA8F$C17C1C #9CD98C1 C #9C1 C:D9#E#8 1 C#1 51 DC9+C#1 7)BE89C91 C1 28:1 7C1 D8#8F$C1 B +8F$C1 8BC1 E$:1 C #9CD98C1E91C:C+DC&1C 1E17C19CE#8 17C1$8#8#$#8 &1E1#E:E#8 17C151C#1$CD#88C1 7)E+B89C91 E1 D97$#8 1 EC1 5 1 9C*E 2C&1 81 C##C1 9CE#8 1 C#1 +DB+C #E89C&1 E1 D8#8F$C1A$*C9 C+C #EC17C*9E8#17E*E #EAC1D9+$*891C151 1 E19CE#8 1C #9C1)51C#17C1 C:D9#E#8 1C#1 +DC:C1E917C1 +$#8DC1 *E98E8C1 78*C #1 N#9C1D98C1C 1+D#C1)E8C$9&1E18##B9E#$9C1#2B98F$C1C#1C+D898F$C1C#1C 9C1 #9*C9BC1 $91 E1 E#$9C1 7C1 E1 9CE#8 1 C:D9#E#8 !51 5 1 C''C#&1 81 E1 D$DE9#1 7C1 #2B98C1 7C1 51 #C 7C #1 C 9C1 (1 $#C 891 )2-D#2,C17C1 $8#8#$#8 &17C1 D$1 C 1 D$1 7)B#$7C1 C+D898F$C1 7B'C 7C #1 )2-D#2,C1 7C1 +DB+C #E98#B1 0CDC 7E #&1 C9#E8 1 E$#C$91 9C+C##C #1 C 1 E$C1 C##C1 2-D#2,C1 7C1 +DB+C #E98#B1 C 1 9E8 1 7C1 D98,+C1 #E#8#8F$C1 C#1 B +B#98F$C1 9B$99C #17E 1E1D$DE9#17C1B#$7C1C+D898F$C1"4CE71E 718C&1.66=%1 1 5 1$#9C&1E1D98C1C 1+D#C17C151298? #E$:1C#1*C9#8E$:1+D8F$C1C 9C1E1 E#$9C17C1 E19CE#8 15!C:D9#E#8 115 '8 &1C9#E8 1E$#C$91+ #9C #1F$C1C128:17C1E1#9E#BA8C17C1 ;F17BDC 71 7)$ 1 +89C1 8+D9#E #1 7C1 *E98E8C&1 ++C1 E1 D97$#8*8#B&1 C1 B +8C1 7)B2CC&1E18+8E98#B17C1DE-&1C17#E#8 1'E#98CC19CE#8*C&1E1#E8C17C1+E92B&1C#B1 6$91 C1 D8 #&1 E1 #988$#8 1 7C1 C##C1 #2,C1 D9#C9E1 C 1 DE9#8$8C91 $91 )87C #8'8E#8 1 7C1 *E98E8C1 EDD9D98BC1 E*C1 7C1 +B#27C1 B +B#98F$C1 DB8'8F$C1 C1 D98 8DE$:1 D8 #1 F$C1C1#9E*E81#C #C9E17)BE89C91 #1C1$8*E #21 1 B#C9+8 C91 C1 E9E#B98#8F$C1F$81 8 '$C C #1 C1 28:17C1 +$#8 E#8 EC1 C #9C1C1 C:D9#E#8 1C#1)51" 8*CE$1+89%11. 1. 7C1.

(20) 7C #8'8C91 C1 9KC17C1E1 D97$#8*8#B1$91 E1 7B#C9+8 E#8 1 7C1E1 #9E#BA8C17C1 +$#8 E#8 EC1 C#1 $91C178''B9C #1#-DC1 7)C #9CD98C1 "EC&1 C:D9#E#98C&1 8 *C#8C$91 C#1C:D9#E#98C! 8 *C#8C$9%1 5 1 DE9#8$8C9&1 B#$78C91C1 9KC17C178''B9C #C1 D9:-1$#88BC1 D$91 +C$9C91 E1 D97$#8*8#B1 $17B*CDDC9 1$ C1D9:-198A8 EC1C#1+ #9C9 1F$C1C##C1D9:-1D97$8#17C1+C8C$91 9B$#E#1C:D8E#8'1F$C1E1D9:-1#9E78#8. CC+C #1$#88BC1. 5#$78C91C1 9KC17C1E9E#B98#8F$C1298? #EC1 "C #9C1 C1 #-DC1 7)C #9CD98C%1 C#1*C9#8EC1(1 #9E*C917C1#E8C17)C #9CD98C1"A9E 7C&1#9,1A9E 7C1C#1C17C$:1C C+8C%1 7C #8'8C91 C1 7B#C9+8 E #17C1 C:D9#E#8 1C#1 C1 51 9#E #17E 1 E1 9BA8 1 +B78#C99E BC C1 B#C#C91E1 E#$9C17C1E1. 9CE#8 1C #9C1. C1. 51. 9#E #1. C#1C1. C:D9#E#8 &1. E$1. 8*CE$1+E91C#1+891 1 $91E##C8 79C1C18GC#8'&1 $1D9,7C9 1++C1$8#21 1 $1 D9BC # 17E 1 C1 2ED8#9C1 7C$:1 C1 A9E 7C1 #C 7E C1 E8 81 F$C1 C1 8 78E#C$91 #E#8#8F$C1 C9 E #1C1C:D9#E#8 &1C151C#1C1;F11 $1E E- 1C $8#C1 )B*$#8 1 7C1 E1 8##B9E#$9C1#2B98F$C1 9BC #C1 C9 E #1 E1 9CE#8 1 5!C:D9#E#8 1C#1E19CE#8 1C #9C1C17C$:1*E98E8C1"2ED8#9C1#98%1 $1 B#$78 1 DE91 E1 $8#C1C178''B9C #C1 E#BA98C1 7)C #9CD98C1 '9E ME8C1 "A9E 7C&1 #9,1 A9E 7C1 C#1 C1 7C$:1 C C+8C%&1 C$91 28:1 #9E#BA8F$C1 C9 E #1. #E++C #1. C1C:D9#E#8 1C#1C1 51 (1 #9E*C91 C1 E9E#B98#8F$C18 #C9 C1 (1 C1 C #9CD98C&1 C 1 DE9#8$8C91E1 D97$#8*8#B1 5 1 $#9C&1 $1 B#$78 1 C19KC17C1 C''C#1 +E9A8 E$:1$91 C1 78''B9C #1#-DC17)C #9CD98C10C1#9E*E8&1 C:DB17E 1C12ED8#9C1=&1C#1' 7B1$91E18EC17C1 7. BC1F56&1F$81C9E1$#88BC1C#1EDD8F$BC1E$1E1'9E ME81(1#9E*C91$ 1+7,C1D988#1. 88!*E98B1 $1 7B*CDD 1 C '8 1 $ 1 +7,C1 7C1 DE C1 7- E+8F$C1 "#-DC1 A9E*8#B%&1 E'8 1 7)E E-C91 C1 7B#C9+8 E #C17C1C:D9#E#8 1C#17C151'9E ME81*C91C1DE-1+B78#C99E BC 1"2ED8#9C1@%1 E 1C1 9C#C1 7C1 C##C1 D9BC #E#8 &1 $1 9B$+ 1 1 #9E*E$:17B#E8B1 7E 1 E1 #2,C&1 DE91 2ED8#9C11. 1. 7D1.

(21) 5A B5C537*5A 3)(38651 EDDCB1 P1 C1 C:D9#E#8 1 C#1 C1 51 C 1 ;9E C21 Q$CF$C1 'E8#1#-8B1R1 1 C12ED8#9C1.1E E-C1C1D98 8DE$:1'E8#1#-8B199CD 7E #1E$:1B*$#8 19BC #C17C1 C:D9#E#8 &17C151C#17C1;F&1F$81 #8#$C #1#$1#981C1BB+C #1B17C1 #9C1#2,C1 C1'E8#1#-8B1 #1D9BC #B17)E89717)$ 1D8 #17C1*$C1+ 78E1E*E #1$ 19CC #9EAC1$91C1 ? C1 7)B#$7C1 7C1 E1 #2,C1 "5$9DC&1 ;9E C1 C 1 DE9#8$8C91 C#1 DE-1 +B78#C99E BC %1 $91 C1 .61 7C9 8,9C1E. BC10C12ED8#9C19EDDCC1BAEC+C #1)8 #B9N#17C151C#17C1C:D9#E#8 1++C1. 'E#C$917C198E C1$17C17B*CDDC+C #1B +8F$C17E 1C178''B9C #1DE-1B#$78B1C1 D871 7C1 E1 ;9E C1 7E 1 C1 ;F1 + 78EC1 C#1 BAEC+C #1 $8A B&1 C 1 DE9#8$8C91 E*C1 C1 A9E 7C1 C#1 #9,1 A9E 7C1 C #9CD98C1 0C1 8 '9+E#8 1 C9 #1 $#8C1 DE91 E1 $8#C1 D$91 +8C$:1 +D9C 79C1C128:1#9E#BA8F$C17C1;F1'9E ME8C1 1 5A 86F3737*5A 3)(38651 EDDCB1 PE1 9CE#8 1 C #9C1 C1 C:D9#E#8 1 C#1 C1 5&1 7C1 B*87C C1 #2B98F$C1C#1C+D898F$C1R111 1 C1 #988,+C1 2ED8#9C1 $1 7. C1 $ 1 EDC9M$1 7C1 #2B98C1 7C1 C #9CD98C1 +$#8 E#8 EC1. "F5%&1 7C1 51 *C9#8E$:1 C#1 298? #E$:&1 1 7C1 7B'8 8#8 &1 7C1 E1 8##B9E#$9C1 E#$CC1 C#1 E #B98C$9C&1 7C1 D9D8#8 1 7C1 #2B98C1 C#1 C1 8+D8E#8 1 7C1 2EF$C1 #-DC1 7)51 $1 D9BC # 1 E$81 $ C1 9C*$C1 7C1 E1 8##B9E#$9C1 C+D898F$C1 F$81 E E-C1 C1 ++C9C&1 C#1 D$1 DE9#8$8,9C+C #1 C1 9CE#8 1 C:8#E #1 C #9C1 C1 C:D9#E#8 1 C#1 C1 5&1 8#1 E$1 8*CE$1 7C1 DE-&1 8#1 E$1 8*CE$1 7C1 E1 89E 2C1 $1 7C1 )C #9CD98C1 0CE1 $1 7$8#1 (1 78$#C91 C1 7B#C9+8 E #1 7C1 #9E#BA8C1 7C1 )C #9CD98C1 C9 E #1 C1 28:1 C #9C1 C1 C:D9#E#8 1 C#1 C1 5&1 C#1 C1 7B#C9+8 E #1 E$1 8*CE$1 7C1 DE-1 5 1 'E8#&1 C:D8F$C91 C1 E#8*8#B1 7C1 +$#8 E#8 EC1C 1' #8 17C1E9E#B98#8F$C17C1C #9CD98C17$1DE-17)98A8 C1C#17$1DE-1 7)E$C81 DC$#1 )E*B9C91 N#9C1 $ C1 8. C1 #C #E#8*C1 7C1 +D9B2C 8 1 7C1 #9E#BA8C1 7C1. C #9CD98C&17C128:17C1E8E#8 1C#17C17B#C9+8 E #17C1)51E$1 8*CE$17C1DE-1 1 E1 #9E#BA8C1 298? #EC1 7C1 +$#8 E#8 EC1 D$91 7CC9*891 C1 +E92B1 B#9E AC91 C 1 8+DE #E #1$ C1 $*CC1'88EC1E$18C$17C1C:D9#E#8 1C#1' 7BC1$917C1 +89C$:1'E#C$91 0C1'E#C$918 $C #1C 1DE9#8$8C91E1D9BC C17C1S#17C1#9E E#8 &1E1#E8C17$1+E92B1C#1. 1. 7E1.

(22) 7C1B +8C17)B2CC1E$1 8*CE$17C1C #9CD98C&119E8 E971"7EE<8%T1FE9>$C 1"7ED=%1C1 D98 8DEC1+#8*E#8 17)$ C1C #9CD98C17)D#C91D$91)51298? #E1C#17)B*8#C91C1S#17C1 #9E E#8 1"S#17C1#9E D9#&18E998,9C1#E98'E89C%1$17)EB7C91(1$ 1+E92B1B#9E AC91F$81 C1 DC$#1N#9C17CC9*81F$C1EC+C #15 1$#9C&1C1+7,C17)51298? #E$:1D9B78C #1F$C1C1 E#8*8#B1 7C1 +$#8 E#8 EC1 DC$*C #1 E$A+C #C91 C #9C1 7C1 DE-1 8+8E89C&1 FE9>$C 1 E 71 5C E8C1 "7EED%1 C1 +7,C1 #2B98F$C1 7C1 )51 298? #E1 #1 8EB1 $91 E1 $8#8#$#8 1 C #9C1 C1 S#1 '8:C1 E778#8 C1 7)8+DE #E#8 1 7)$ C1 '88EC1 C#1 E1 78+8 $#8 1 7C1 S#1 *E98E8C1C 1B*8#E #1C1#E98'17$E 8C91C#1C1'9E817C1#9E D9#&1FE9>$C 1"7EE@%1T1FE9>$C 1 E 71FE>$1".667%11 1 E 1 C1 +$#8 E#8 EC1 *C9#8EC&1 E1 2E/ C1 7C1 D97$#8 1 C#1 '9EA+C #BC1 C 1 D$8C$91 B#EDC&1 $*C #1 E*C1 7C1 'E#C$91 78''B9C #1 D$91 2E$ C1 7C1 B#EDC1 1 7C*8C #1 9C #E8C1 7C1 7BDEC91$ C1 B#EDC1*C91 $ 1 E$#9C1DE-19F$C1E178''B9C C17C1D98:17C1'E#C$91 C#1 #E8C&1 4CD+E 1 "7ED=&17ED@%1T1 4CD+E 1 E 7139$A+E 1 "7ED@%10CE1C#1 9C #E8C181C#1C$C+C #181 C1 S#1 7C1 '9EA+C #E#8 1 #1 +8 1 BC*B1 F$C1 C1 B +8C1 9BE8BC1 $91 C1 BE9#1 7C1 7#E#8 1'E#98CC19CE#8*C1F$81' #1F$C1C1C #9CD98C17C*8C. C #17C1F51*C9#8EC1E1. '9C1 +#98C1 7$1 +7,C1 9B87C1 7E 1 )E8C C1 7C1 )BAE8E#8 1 7$1 D98:1 7C1 'E#C$91 ";5%&1 E8 81F$C1C1S#17C1#9E E#8 &14CD+E 1"7ED=%16817E 1C1E1 #9E89C1E178''B9C C1C #9C1 C17#E#8 19CE#8*C17C1DE-1 )C#1DE1$''8E++C #1A9E 7C&1C1B2E AC17C1+E92E 78C1 C #9E/ C9 #1)BAE8E#8 17C1D98:17C1'E#C$91C #9C1C1DE-1 1 5 19B$+B&1E1#2B98C17C1E1F51*C9#8EC1+C#1C 1$+8,9C1)8 8#E#8 1D$91C1C #9CD98C17C1 BDE9C91ABA9ED28F$C+C #1C1E#8*8#B17C1D97$#8 17C1C$918,AC18E1 1 C1+7,C11P13 9C7AC10ED8#E1R1DC9+C##C #17)C+8/#C91C1+#8*E#8 17C1E17B88 17C1 C #9CD98C1+$#8 E#8 EC&18#1(1DE9#8917C1E19C2C92C17C1+E92B1F$81C1E2C #17C998,9C1E1 F51298? #EC1$1(1DE9#8917C1E19C2C92C17C19C$9C1C#17C1+8 8+8E#8 17C1S#1F$81C1 E2C #17C998,9C1E1F51*C9#8EC&1FE9>$C 1C#1E1"7EEA%T1FE9>$C 1"7EEC%1 1 C1F$C#8 1 9$8EC1C1DC21++C #1C128:17C1F51C#!81E''C#B1 DE91C1D98 8DEC1 E9E#B98#8F$C1 8#BC1 D9BB7C++C #U1 1 C:8#C1 7C$:1 A9E 7C1 E#BA98C1 7C1 E9E#B98#8F$C1. 1. .61.

(23) 8+D9#E #C1 1 D$91 7B#C9+8 C91 E1 7B88 1 7C1 F5&1 8#1 D$91 )E#8*8#B1 1 +$#8 E#8 EC1 7C1 7BDE9#1$1D$91C128:17$1#-DC17C1)E#8*8#B17C1+$#8 E#8 EC&1 #9(1E 714CD+E 1".66=%1T1 4CD+E 1 C#1 E1 ".66=%1 5C1 C9 C #1 7)$ C1 DE9#1 C1 E9E#B98#8F$C1 7$1 DE-1 7)98A8 C1 C#1 CC17$1DE-17)E$C81#CC1F$C1E1#E8C17$1+E92B&1C17#E#8 1C 1'E#C$91C#17C1S#17C1 #9E E#8 1 "798#1 7C1 7$E C1 C#1 #9E D9#%&1 C#1 7)E$#9C1 DE9#1 C1 E9E#B98#8F$C1 8 #C9 C1 7C1 )C #9CD98C&1#CC1F$C1E1D97$#8*8#B1 1 C17C$:1#9E#BA8C1D88C1D$917CC9*891C1+E92B1B#9E AC91 #1C1C:D9#E#8 1C#1C1 51$1 8*CE$17C1)C #9CD98C&1E17B88 17)D#C91D$91)$ C1$1)E$#9C17C1C1#9E#BA8C1C#1 8 '$C BC1DE91C17B#C9+8 E #1$8*E #21E1D97$#8*8#B&1C1B +8C17)B2CC1C#1C1E$#9C1 E9E#B98#8F$C1 7)C #9CD98C&1 48C92'C91 E 71 'E''C9+E-91 ".677%T1 FC8#?1 ".66<%T1 4CD+E 1 C#1 E1".66=%1C#11C9 E971C#1E1".66<%15 19C*E 2C&1E18+8E98#B1C #9C1C1DE-&1C17#E#8 1C 1 'E#C$9&1 E1 #E8C1 7$1 +E92B1 8 '$C C #1 E1 7B88 1 7C1 #9E#BA8C1 E$1 8*CE$1 7C1 DE-&1 FEAE2EC1E 71'98E 1".66C%11 1 E91 BF$C #&1 )E E-C1 #9E78#8. CC1 7C1 E1 #2B98C1 B +8F$C1 8 78F$C1 7)$ 1 K#B1 $ C1. 9CE#8 17C1$8#8#$#8 1'9#C1C #9C1C1C:D9#E#8 1C#1)51298? #E&1C#17)$ 1E$#9C1K#B1$ C1 9CE#8 1 7C1 +DB+C #E98#B1 E*C1 )51 *C9#8E1 E1 #9*C9C1 C9 C1 E1 9BE8#B1 7C1 E1 9CE#8 17C1+DB+C #E98#B11 1 3981E1D$99E8C #1C:D8F$C91E19CE#8 17C1+DB+C #E98#B1C #9C1C1C:D9#E#8 1C#1)521 3$#1 7)E897&1 FE9>$C 1 E 71 5C E8C1 "7EED&1 .666%1 + #9C #1 F$C1 C1 E1 7C1 E1 ;F1 298? #EC1C9E17+8 E #19F$C1C1B +8C17)B2CC1E$1 8*CE$17C1E1'89+C1C#17C1)$ 8#B1 7C1 D97$#8 1 #1 BC*BC1 1 )EA8#1 E91 7)$ 1 +7,C1 7)C #9CD98C1 9CD9BC #E#8*C1 E*C1 $ 1 D97$8#1 $ 8F$C&1 O1 )51 298? #E1 7+8 C #1 C 1 9E8 1 C9#C1 7C1 B +8C1 7)B2CC1 "FE9>$C 1 E 71 5C E8C1 "7EED&1 .666%%&1 +E81 E1 +DB+C #E98#B1 C #9C1 )51 C#1 C1 C:D9#E#8 1 C#1 C 9C1 D88C1 9F$C1 C1 DE-1 #1 7C1 7#E#8 &1 7C1 D9B'B9C C1 C#1 $ C1 #C2 A8C187C #8F$C11 1 C1C #9CD98C1++C C #1(12E AC917C1+D9#C+C #1C 18 *C#8E #11(1)B#9E AC9&11C#181 #8 $C #1#E #1F$C1C1E*E #EAC1"D9'8#%1E8B1(1E1D97$#8 1(1)B#9E AC911"C 1B*8#E #1C1. 1. .71.

(24) S#17C1#9E E#8 %17BDEC #1C1S#1'8:C17C1)B#E88C+C #17)$ C1 $*CC1C #9CD98C11(1 )B#9E AC9&1 4CE71 E 71 8C1 ".66=%1 9F$C1 )C #9CD98C1 C #9C1 $91 C1 +E92B1 B#9E AC9&1 81 C1 +89C17)8 *C#8C$91E$A+C #C1$17BDEC1E18+8#C17C1EDE8#B17$1+E92B&1C1+E92B1B#E #1 E8 81C +89B&1C1D9'8#1D#C #8C1 #1DE9#8CC+C #1B8+8 B1D$91C18 *C#8C$91C1F$81 +E8 #8C #1 )C:8#C C1 7C1 7C$:1 #9E#BA8C1 "C:D9#E#8 1 C#1 5%1 5 1 7)E$#9C1 #C9+C&1 C1 8 *C#8C$91* #1CC917C1DEC917C1C:D9#E#8 1*C91)51ED9,1$ 17BE81DB8'8F$C1E91 BF$C #&1)B98 1"9978 A1$#%17C1+E92B1C:D8F$C1E1C:8#C C17C17C$:1#9E#BA8C&1 4CE71C#1E1".66.%&11E798 1E 714##E*8E 1".667%11 1 C$:8,+C+C #&1 7E 1 C1 E1 7)$ 1 D97$8#1 $ 8F$C1 E*C1 C1 C #9CD98C1 2B#B9A, C&1 C1 78''B9C C17C1D97$#8*8#B1 #1 87B9BC1++C1$ C1 $*CC1'EM 17)C:D8F$C91C128:1 C #9C1 C1 #9E#BA8C&1 0C987C1 C#1 E1 "7EED%1 C1 C #9CD98C1 C1 D$1 D97$#8*C1 $8#8#$C #1 C$91 C:D9#E#8 1 DE91 C1 51 0C1 C #9CD98C1 #1 E$81 C1 D$1 D9'8#E8C1 C#1 #1 C1 S#1 +E9A8 E1C1D$1'E88C1C1'89+C12E AC #1C$91#9E#BA8C1*C91E1D$1D9'8#E8C&1 #E #1F$C1 C1D9'8#1E$A+C #C #18 8&1)C #9CD98C1DEC17C1E1#9E#BA8C1EC1D$91C9*891C1+E92B1 B#9E AC91 (1 #9E*C91 C1 C:D9#E#8 &1 D$81 DE91 )5&1 F$E 71 E1 D97$#8*8#B1 E$A+C #C&1 9CC E9E-1 E 71 3 CC91 ".66C%1 1 C:8#C1 E$81 E1 D8888#B1 F$C1 C1 C #9CD98C1 F$81 #1 $ 1 +N+C1 8*CE$17C1D97$#8*8#B1DC$*C #12889178''B9C #C1'9+C17)B2E AC1E$#$917)$ 1C9#E8 1 C$8&1C1F$81'E8#1C:8#C91C17C$:1#9E#BA8C&1FC#8?1".66<%T14CD+E 1C#1E1".66=%1 1 5 1$#9C&1++C1#$#C1C1C #9CD98C1D9B',9C #1C1+E92B1D$1*E#C1C#1(1'E88C1S#&1C1 28:1 7)$ C1 #9E#BA8C1 8 #B9CE #C1 C #9C1 C1 E1 C#1 E1 7BE8E#8 1 (1 )B#9E AC91 C1 D97$8#1 9F$)81 -1 E1 $ 1 E988#9EAC1 C #9C1 $ 1 +E92B1 *E#C1 (1 S#1 BC*B1 C#1 $ 1 +E92B1 DC#8#1 (1 S#1 'E88C1 C1 D9'8#1 E8B1 (1 E1 E8E#8 1 (1 )B#9E AC91 #1 $DB98C$91 (1 C$:1 7C1 E1 C #9E8E#8 1EC1E*C1$ 1 8*CE$17C1D97$#8*8#B18E17C1C #9CD98C18 8&1C1C #9CD98C1 #1#$G$91(1E19C2C92C17C1'E88C1S#1C#18 *C#8C #1(1)B#9E AC91 C1D8 #18 #B9CE #1 C#1F$C1C1C:D9#E#C$91C#1C18 *C#8C$91C:8#C #17E 1C1C E98&14CE71E 718C1".66=%1 1 0C##C1 DE9#8C1 D9BC #C1 C1 EDD9#1 7C1 E1 $*CC1 #2B98C1 7$1 ++C9C1 8 #C9 E#8 E1 F$81 C:D8F$C #1E1 E#$9C17C19CE#8 1C #9C1C1C:D9#E#8 1C#1)515 1C''C#&1C 1C##C1#2B98C&1 C1 78''B9C C1 7C1 8*CE$1 7C1 D97$#8*8#B1 9CD9BC #C #1 C1 +-C 1 C1 D$1 C''8EC1 C#1 C1 D$1. 1. ..1.

(25) 9BC #1 D$91 7B#C9+8 C91 E1 E#$9C1 7C1 9CE#8 1 C#1 7C1 C1 C:D8F$C9&1 (1 K#B1 7C1 *E98E8C1 #9E78#8. CC1F$81D9*8C C #17C1#2B98C17C1)8 *C#8C+C #1789C#1B#9E AC911. 1 C1 #988,+C1 E1 7C1 '8A$9C1 C9 C1 )C #9CD98C1 F$81 'E898F$C1 D$1 7)$ 1 D97$8#1 $91 C1 C #9CD98C1 P1+$#8!D97$8#1R1 C#1 1 C 1 $#88E #1 7C1 7. BC1 E$1 8*CE$1 7C1 C #9CD98C&1 $1. E* 1 #E#B1 F$C1 81 C1 D97$8#1 7)$ C1 C #9CD98C1 #1 298? #EC+C #1 9C8B&1 )C #9CD98C1 D$9$8#1 $ C1 #9E#BA8C1 7C1 C #9E8E#8 1 EC1 7E 1 DE-1 7)98A8 C1 D$91 $ 1 D97$8#1 C#1 $ C11 #9E#BA8C17C17$D8E#8 1D$91$ 1E$#9C1 &1C 1+N+C1#C+D1)C #9CD98C1C:D9#C1C#18 *C#8#1(1 )B#9E AC91 5 1 C''C#&1 81 CC1 'E898F$C1 C1 7C$:1 D97$8#1 7E 1 $ 1 +N+C1 DE-&1 81 C9 #1 C 1 +DB#8#8 1C1$ 1E*C1C1E$#9C18 8&1D$91B*8#C91E1 $99C C1C #9C1C17C$:1D97$8#&1 CC1 C #9C12EF$C1D97$8#17E 1$ 1DE-&19+E 1E 714CD+E 1"7EE7%T14CE71E 718C1 ".66=%11 1 C1 +7,C1 7C1 4CD+E 1 "7ED=%1 8+D8F$C1 F$C1 7E 1 C1 E1 7C1 )51 *C9#8E&1 81 C:8#C1 7C1 +DB+C #E98#B1 7)$ C1 DE9#1 C #9C1 C1 '$:1 ++C98E$:1 7C1 D97$8#1 '8 81 7C1 '88EC1 (1 )B#9E AC91 *C91 1 )C #9CD98C1 +,9C&1 C#1 7)E$#9C1 DE9#1 7C1 #9E 'C9#1 8 #9E!'89+C1 7C1 88C 1 8 #C9+B78E89C1 7C1 )C #9CD98C1 +,9C1 *C91 C$91 '88EC1 (1 )B#9E AC91 C1 #E#8#8F$C1 7$1 ++C9C1 8 #C9 E#8 E1 + #9C #1 F$C1 C1 9B$#E#1 89$#1 7)C:D8#E#8 1 D$91 #$#C1 C1 '88EC1 B#9E A,9C1B#E8#17)C *89 176&AV17$111+ 78E1C 1.66E&1#E 781F$C1C1C:D9#E#8 17C1C1 '88EC1 9CD9BC #E8C #1 D9,1 7C1 <<V1 7$1 ++C9C1 + 78E&1 E1 0051 ".676%1 E91 BF$C #&1 C1 ++C9C1 C#1 )51 C #9C1 C1 DE-1 7B*CDDB1 D$99E8C #1 N#9C1 87B9B1 ++C17C1$8#8#$#1#E 781F$C1C1++C9C1C#1)51C #9C1C1DE-17B*CDDB1C#1C1DE-1 C 17B*CDDC+C #1C9E8C #1+DB+C #E89C11 1 5A7C6459AB57A98CB57A5*(3634C57,AA 1 E18##B9E#$9C1$91C1B#$7C1C+D898F$C1DC$#1N#9C178*8BC1C 1' #8 17$1 8*CE$17)EA9BAE#8 21 C1B#$7C1E$1 8*CE$17C1DE-&1E$1 8*CE$17C1)8 7$#98C&1E$1 8*CE$17C1)C #9CD98C1C#1E$1 8*CE$1 7$1D97$8#11 C1B#$7C1C+D898F$C1+ #9C #1E17+8 E C17C1E19CE#8 17C1+DB+C #E98#B1C #9C1C151 9#E #1C#17C1C:D9#E#8 &1;E>1E 714E>C1".66D%T1 7C9C 1E 714E8 E$#1"7EED%T1; #EA B1. 1. .<1.

(26) E 71EG#1"7EEC%T1FE92E #1C#1E1".66.%T1'E''C9+E-91"7EE=&17EEA%1C$17C1C1B#$7C1C1 #1 C #9BC1$91C19KC17C1E1D97$#8*8#B1C#1C1E9E#B98#8F$C17C1)C #9CD98C17E 1C128:1 C #9C1C17C$:1#9E#BA8C&14C>CC81E 71IC8C7C91".66D%11 1 48C92'C91C#1'E''C9+E-91".677%1 #1E$81 '89+B1E19CE#8 17C1+DB+C #E98#B&1 C#1 #1(1 C$91#$91'$9 817C1D9C$*C1D$91C1E9E#B98#8F$C17B#C9+8 8#C&1-1+D981E1D97$#8*8#B&1 C1 F$81 + #9C1 $ 1 C''C#1 BAE#8'1 $91 C1 28:1 C #9C1 51 C#1 C1 C:D9#E#8 1 1 #1 BAEC+C #1 D9B8B1 F$C1 C1 C #9CD98C1 $#88C #1 $ C1 +88 E8 1 7C1 51 C#1 7C1 C:D9#E#8 1 D$91 7CC9*891C1+E92B1B#9E AC9&1C1F$818A 8'8C1F$C1C17C$:1#9E#BA8C1C:8#C #11$#88C #1 $ 1+7,C1#2B98F$C1B#98#C+C #18BC1(1C$817C14CD+E 1C#1E1".66=%1C#1) #1B#C 7$1(1#981 DE-11+ #9C #1F$C1C1+7C1D#8+E1D$917CC9*891C1+E92B1B#9E AC91DC$#1*E98C917)$ 1 DE-17)E$C81(1)E$#9C1$1$#88 1C1+7,C1D$91B#$78C91C1A9E 7C1C#1C1#9,1A9E 7C1 C #9CD98C1'9E ME8C&1E*C17C$:1*E98E8C1D9:-17C1D97$#8*8#B1 1 0 C9 E #1 C1 #9E*E$:1 C+D898F$C1 $91 E1 9BA8 1 +B78#C99E BC. C&1 D$8C$91 B#$7C1 #1. C:E+8 B1 C1 7B#C9+8 E #1 7C1 )5&1 7$1 ++C9C1 "$1 7C1 C:D9#E#8 %1 7E 1 E1 9BA8 1 7$1 F-C !498C #1C#17C1)'98F$C17$1971"F5%&1#+ #C1E 71$EA8E 1".66<%T14C>CC81 E 71 IC8C7C91 ".66D%T1 ;C99EA8 E1 E 71 E#9C1 ".66A%T1 C987-1 E 71 ##E+E1 ".676%1 5 1 9C*E 2C&1 $1 )E* 1DE1#9$*B17)B#$7C1F$81B*E$C #1E19CE#8 1C #9C1C1C:D9#E#8 1C#1 )51 7E 1 E1 ? C1 5 1 $#9C&1 E$$ C1 B#$7C1 )E1 E897B1 C1 $GC#1 E*C1 7C1 DE-1 7)E$C81 DB8'8F$C&1F$81DC9+C#17C1. E/#9C1)C''C#1'8 E1$91)B +8C1EC1$1E* 1CE-B17C1. 9C+D891 C##C1 E$ C&1 C 1 C#8+E #1 C1 7B#C9+8 E #1 C#1 C1 9CE#8 1 C #9C1 C1 C:D9#E#8 1 '9E ME8C1C#1C1517E 1E19BA8 1+B78#C99E BC. C11. 1 5 '8 &1 C1 C''C#1 ##E$:1 $91 C1 DE-1 7)98A8 C1 DC$*C #1 N#9C1 B*E$B1 C 1 . E8E #1 E1 9CE#8 1. C #9C1C1C:D9#E#8 1C#1)51"*C9#8E1C#1298? #E%1E91 BF$C #&1E19CE#8 17+8 E #C1 C #9C1 C1 C:D9#E#8 1 C#1 C1 9#8C1 7)51 + #9C #1 C1 C''C#1 '8 E$:1 7C1 E#8*8#B1 +$#8 E#8 EC1"C#1E19CE#8 1C #9C1C$:%1$91)B +8C1EC1"C+D81C#198E C%11 1 6C 1 E1 8##B9E#$9C1 E #B98C$9C&1 $1 D$* 1 #$#1 7)E8971 B#$78C91 E1 9CE#8 1 E$1 8*CE$1 7C1 )C #9CD98C&1 (1 #9E*C91 C1 C''C#1 7C1 E9E#B98#8F$C1 7C1 )C #9CD98C1 C#1 C 1 DE9#8$8C91 E1. 1. .=1.

(27) D97$#8*8#B&1 $91 C1 28:1 7C1 E1 #9E#BA8C1 7C1 +$#8 E#8 EC1 C #9C1 C:D9#E#8 1 C#1 C1 8 *C#8C+C #1 B#9E AC91 0CE1 DC9+C#1 7C1 7B#C9+8 C91 E1 E#$9C1 7C1 E1 9CE#8 1 C #9C1 C1 C:D9#E#8 1 C#1 C1 51 0CE1 DC9+C#1 7C1 D$1 7)C#8+C91 C1 7B#C9+8 E #1 +89B +8F$C1 7C1 E#8*8#B1 +$#8 E#8 EC1 $8&1. $1 D$* 1 $#88C91 $ C1 EDD92C1 E$1. 8*CE$1. +E9B +8F$C1 D$91 7B#C9+8 C91 E1 9CE#8 1 A8EC1 C#1 C1 7B#C9+8 E #C1 +E91 7C1 E#8*8#B17C1+$#8 E#8 EC17E 1E19BA8 1+B78#C99E BC C11 1 0C12ED8#9C1C#1$ C1 #988$#8 1(1E18##B9E#$9C1G$F$)(1D9BC #1#9,18+8#BC1 C9 E #1)B#$7C1 7C1 E1 9CE#8 1 C #9C1 C1 51 C#1 C1 C:D9#E#8 1 1 7. C1 $ 1 EDC9M$1 C#1 $ C1 C:D8E#8 1 7C1. D8 #17C1*$C1#2B98F$C17C178''B9C #C19CE#8 1D88C1C #9C1C1#9E#BA8C1+C #8. BC1. 5 1$#9C&181D9BC #C1$ C1*$C17)C C+8C17C1#2B98C1DC9#8 C #C1C#1C$91 $8 11DEC1 BAEC+C #1C 19C*$C1C178''B9C #17B#C9+8 E #1C#1*E98E8C1EDD8F$BC1C#1C1D9:8C1D88C1 D$91C''C#$C91$ C1E E-C1B +B#98F$C&1F$C1C18#1E$1 8*CE$17C1C #9CD98C1$17C1DE-11 1 E91 BF$C #&1E1D97$#8*8#B1C#1C178''B9C C17C1E9E#B98#8F$C18 #C9 C17C1C #9CD98C1 C 1#E #1F$C17B#C9+8 E #1C:D8F$C #1C128:17C1E1#9E#BA8C17C17CC9*891C1+E92B1B#9E AC91 0C81 C#1 )EDD9#1 7C1 E1 D9C+8,9C1 DE9#8C1 C+D898F$C1 1 )EA8#1 7)$ C1 $*CC1 #C 7E C1 F$81 '89+C1 E1 C:8#C C1 7C1 7C$:1 #9E#BA8C1 C:D8F$BC1 D9BB7C++C #&1 C 1 D$1 7C1 7B#C9+8 E #1 +891 7C1 #9E#BA8C1 C#1 C1 9CE#8 1 C #9C1 CC1 0C##C1 B#$7C1 C#1 E1 D9C+8,9C1 EDD8F$BC1E$:1C #9CD98C1'9E ME8C11 1 E91 E8C$9&1 $ 1 C:E+C 1 7C1 E1 9CE#8 1 C #9C1 C1 *E98E8C&1 E$1 8*CE$1 7C1 DE-&1 D$99E8#1 N#9C1 B#C 7$1 C 1 $#88E #1 C1 *E98E8C1 F$81 ED#$9C #1 C1 78''B9C #1 #-DC1 7)51 5 1 $#9C&1 $1 B#$78C9 1 E1 F$C#8 1 7E 1 E1 7C$:8,+C1 DE9#8C1 F$81 C9E1 C+D898F$C1 C#1 EDD8F$BC1 (1 E1 ? C1 +B78#C99E BC C1 1 1 1 1. 1. .@1.

(28) 5A 4C8637*5A 3)(38651 C#1 8 #8#$B1 P1C1 28:1 #9E#BA8F$C1 7C1 C #9CD98C1 +$#8 E#8 EC1 C #9C1C1C:D9#E#8 1C#1C151R1 1 C1 9C2C92C1 C+D898F$C1 D9BB7C #C1 E8 81 F$C1 C1 D$1 9BC #C1 7E 1 C1 7+E8 C1 C1 #1 DC 2BC1D98 8DEC+C #1$91C1D9C$*C1C#1C1C''C#17C1E178''B9C C17C1D97$#8*8#B1C #9C1C1 C:D9#E#C$91C#1C$:1F$81D97$8C #1D$91C1+E92B1E1(1WB#9E AC91 1 C1 7. BC1 C9 E #1 C1 C #9CD98C1 '9E ME8C1 $#88BC1 7E 1 )E E-C1 C+D898F$C1 #1. C:#9E8#C17C1E18EC17C17. BC1F561$1E* 1C#B17C18 '9+E#8 1AB B9EC1. C9 E #1 C1 C:D9#E#8 1 C#1 C1 #E#$#1 F51 D$91 =<E6A1 C #9CD98C&1 99CD 7E #1 E$:1 A9E 7C1C#1E$:1#9,1A9E 7C1C #9CD98C1'9E ME8C1D$91)E BC1.66E1 1 )E E-C1 C+D898F$C1 C#1 78*8BC1 C 1 #981 DE9#8C&1 99CD 7E #1 9CDC#8*C+C #1 E$:1 A9E 7C1 C #9CD98C&1 E$:1 #9,1 A9E 7C1 C #9CD98C1 C#1 (1 )C C+8C1 7C1 C #9CD98C1 BAEC+C #&1 C 1 E1 E8'8E#8 1 7)F561 0C##C1 78#8 #8 1 DC9+C#1 7C1 #C#C91 C1 9KC1 7C1 E1 D97$#8*8#B1 (1 #9E*C91C178''B9C #1#-DC17)C #9CD98C1"E&1C:D9#E#C$91C#18 *C#8C$9%1E$81(1#9E*C91C1 A9$DC1 7)C #9CD98C1 "A9E 7C1 C#1 #9,1 A9E 7C%1 0C1 #C#1 C+D898F$C1 DC9+C##9E1 7)8#C 891 7C1 9B$#E#1 D$1 98$#C1 7E 1 C1 E1 7)$ 1 C$1 DE-1 D$8F$C1 C1 7C9 8C91 D9BC #C1 7C1 E9E#B98#8F$C1 ++$ C&1 #E++C #1 #E#8#8F$C+C #1 C#1 B +8F$C+C #&1 C1 F$81 7C*9E8#1 $17. C91C 1C''C#17C19B$#E#1D$18 #B9CE #&1D$1'8E8C1C#1D$19B788C11. 1 0C12ED8#9C1D9BC #C1$ C1D9C+8,9C1E E-C1C+D898F$C17C17. BC1C 1' #8 17C1E1#E8C17C1. C #9CD98C1 "A9E 7C&1 #9,1 A9E 7C1 E8 81 F$C1 #$#C1 C1 #9E#BA8C1 7C1 C #9CD98C1 '9E ME8C1 F$)CC18C #1C:D9#E#98C1$1D97$8E #1D$91C1+E92B1E1(1)B#9E AC9%1$1#C #C9 1 7)BE89891E1 E#$9C17C1E19CE#8 1C #9C1C128:1C#17C1*B98'8C91)81 #1+DB+C #E89C1$1 $8#8#$E8C1 111111 $91 #9C1 C#8+E#8 &1 $1 $#88 1 $ 1 +7,C1 988#1 88!*E98B1 F$81 +C$9C1 ++C #1 E1 D97$#8*8#B1C#17)E$#9C1E9E#B98#8F$C1E''C#C #1E1D98E888#B17)$#88C91C1C:D9#E#8 1C#X$1 C1515 1$#9C&1 $1+ #9 1C1C''C#1+E9A8 E$:17C1C1E9E#B98#8F$C1C#1*E98E8C1$91. 1. .A1.

(29) C1 78''B9C #C1 #9E#BA8C&1 C#1 $1 #C# 1 E1 +$#88 BE98#B1 D$91 E*891 7C1 9B$#E#1 D$1 98$#C1 1 $1$8* 1C1+7,C17C&148C92'C91C#1'E''C9+E-91".677%1F$81C18EC1$914CD+E &1FC8#?1 C#1 CEDC1 ".66=%1 0C1 +7,C1 #9E8#C1 C1 7. BC1 7C1 #981 DE-&1 $ 1 DE-1 2K#C1 C#1 7C$:1 DE-1. 7)E$C81E*C1$ 1C$1C#C$917C1D97$#8 &17E 1CF$C1 #1D97$8#178''B9C #188C 17E 1C1 C#C$9141C 1$#88E #1C1#9E*E81 E 1C1C #9CD98C1' #1'EC1(17C1#E$:17C1EE89C17. B1I1. 1 C1C #9CD98C19C #9C1$91C1+E92B17)$ 1DE-1 F 1F$81C#1C1DE-17)98A8 CT1C##C17C9 8,9C1'E8#1 'EC1(17C1S#17)C #9BC1$1 # 1 1D$91C1S#17)C #9BC1C#1 1D$91C #9BC1E1'89+C1 C #9C1 $91 C1 +E92B1 C#1 CC1 7B87C1 81 CC1 D97$8#1 $1 1 E1 $*CC1 C #9CD98C1 9C #9E #C1 E''82C1 $ 1 C''88C #1 7C1 9C 7C+C #1 " %1 7)$ C1 78#988$#8 1 1 " %1 0C1 C''88C #1 7C1 9C 7C+C #1DC$#1N#9C1DC9M$1E$81++C1C''88C #17C19C 7C+C #1DE91$ 8#B17C1#9E*E8&1*$1F$C1 C1 #9E*E81 9CD9BC #C1 )$ 8F$C1 'E#C$91 7C1 D97$#8 1 E1 $98C1 7C1 9C 7C+C #1 DC9+C#1 7C1 7B87C9181E1'89+C1D97$8#1$1 1"1E798 1.66@%1C1C''88C #17$19C 7C+C #1DE91$ 8#B17C1 #9E*E8178#17BDEC91$ 1C$8198#8F$C17. B11. 1 C1 C #9CD98C1 F$81 D97$8#1 D$91 $ 1 +E92B1 E1 'E8#1 'EC1 (1 7C1 S#1 7C1 #9E*E81 '8:C1 E778#8. C 1 6$91 C1 +E92B1 8 #B98C$9&1 E$$ 1 E$#9C1 S#1 '8:C1 WC#1 EDD9D98B&1 DE9C1 F$C1 C1. '9E817C1#9E D9#1DC$#1N#9C1 BA8AB1)C #9CD98C1DC$#1288917)C:D9#C91C1D97$8#1D$91$ 1 +E92B1B#9E AC910C##C17C9 8,9C1'C9E1'EC1(17)E$#9C1S#1E778#8. C1 1D$912EF$C1+E92B1. B#9E AC91 O1 1 7B8A C1 )C:D9#E#8 1 0C1 S#1 9C',#C #1 7C1 7BDC C1 $DDB+C #E89C1 ++C1E19BE#8 17)$ 19BCE$17C178#988$#8 17E 1C1DE-1B#9E AC91 1 1 +E92B1 C:#B98C$91 DC$#1 N#9C1 E$81 C9*81 DE91 )8 *C#8C+C #1 789C#1 B#9E AC91 "5%1 C1 C #9CD98C1 F$81 288C1 C1 51 D$91 C9*891 $ 1 +E92B1 B#9E AC91 $DD9#C1 7C1 S#1 '8:C1 E778#8. C1 1 E*C1 1 C 1 9B'B9C C1 E$:1 51 0C1 S#1 +D9#C1 7C1 2E9AC1 9CE#8*C1 (1 E1. #9$#8 17)$ 19BCE$17E 12EF$C1DE-1++C &1C#17C1S#17C1 #9$#8 17C1'88EC1 7E 1 C1 +E92B1 B#9E AC91 D$91 2EF$C1 DE-1 E91 BF$C #&1 $1 D$* 1 9B$+C91 C1. 1. .C1.

(30) 78''B9C #1 S#1 '8:C1 D$91 2EF$C1 E1 = + &1 6DDF65 = + 1 C#1. E638 = + 1E*C1 Y1 Y1 &1"4CD+E 1C#1E1".66=%%1 C1$98C17C1D9'8#1 #1#9EBC1$1E1 78#8 1F$C1C1 8*CE$17C17C+E 7C1C#1C1 8*CE$17C1 EE89C1 #1C1+N+C1D$91C1#981DE-1"B#9E AC91C#1E$:%1C1#981S#1'8:C1E8 81F$C1 C1#981D#8 1 18$#9B1DE91 Y1 Y1 11 1 E1'89+C1F$81288#17)C:D9#C917C188C 1*C91$ 1+E92B1B#9E AC91C#1 '9 #BC1(17C1S#1 7C1#9E D9#17C1#-DC1P18C8C9A1R1D$91)C:D9#E#8 17)$ 1DE-1 F 1"E%1*C91$ 1DE-1 1F$81C#1 )$ 17C1DE-12K#C1". t7 . Z7%1T18 8&1. t7 . 1$ 8#B17C1D97$#8 1 #1C:D9#BC1*C91$ 1E$#9C1DE-1. 1+E81$ 8F$C+C #1$ C1C$C1$ 8#B1E998*C13$1C1S#17C1#9E D9#1 #18 $#17E 1C1S#1 P18C8C9A1R1 1 C1 S#1 7C1 #9E D9#1 F$81 E$A+C #C #1 E*C1 E1 78#E C1 DC$*C #1 'E89C1 )8GC#1 7C1 9C2C92C1 D9+C##C$C1 FE9#8 C?![E9?1 C#1 6$E9C?!1$9A$C#&1 ".66@%1 + #9C #1 F$)$ C1 D$1 A9E 7C1 78#E C18 7$8#1(1$ C1E$A+C #E#8 17C1S#17C1#9E D9#11 1 0++C1 $1)E* 1+C #8. B1D9BB7C++C #&1C1S#1+E9A8 E17C1D97$#8 1C#1E1*E98E8C1. F$81 DC9+C#1 7C1 7B87C91 D$91 C1 C #9CD98C1 7$1 8*CE$1 7C1 D97$#8*8#B1 C#1 DE91 BF$C #1 E1 #9E#BA8C1 (1 28891 C1 '89+C1 D97$8C #1 E1 F$E #8#B1 F$81 BAE8C1 C1 S#1 +E9A8 E$:1 C#1 C1 9C*C $1 +E9A8 E$:1 5C1 #1 E$81 $ 1 D9'8#1 (1 AEA C91 E'8 1 7C1 DE-C91 C1 S#1 +-C &1 ++C1 $1C1+ #9 1$#B98C$9C+C #17E 1E1DE9#8C17C1+E:8+8E#8 17C1D9'8#1E91 BF$C #&1C1 78''B9C C17C1D97$#8*8#B1"8 7BDC 7E++C #17C1E$#9C1E9E#B98#8F$C17C1'89+C%1 #1C1 E$C1D98 8DEC1F$817B#C9+8 C #1C128:17C1#9E#BA8C17C1E1'89+C1*8E1C1S#1+E9A8 E$:1 1 )C #9CD98C1++C C1(1#9E*E8C91$91C1+E92B1E1C#1288#1C $8#C17C1C9*891C1+E92B1 B#9E AC9&1 C1 F$81 $81 DC9+C#1 7C1 #89C91 $ 1 D9'8#1 7$1 +E92B1 7+C#8F$C1 C#1 $ C1 #9E#BA8C1 D$91 C1 +E92B1 C:#B98C$9&1 8# p . + p 1 $1 p + p . . 1 8 8&1 )C #9CD98C1 +E:8+8C1 C1 D9'8#1. 7E 12EF$C1+E92B1BDE9B+C #1C#1C1D9'8#1$91C1+E92B1E1 )C#1DE1E''C#B1DE91C128:1 7C1#9E#BA8C1D$91C9*891C1+E92B1C:#B98C$91. 1. .D1.

(31) E178''B9C C1C #9C1C1S#1'8:C1E778#8. C1. - 19C',#C1E178''B9C. C17C17BDC C1. 8 8#8EC1 E*E #1 F$)$ C1 $ 8#B1 7C1 E1 +E9F$C1 C1 8#1 *C 7$C1 6)81 -1 E1 $ C1 A9E 7C1 78''B9C C&1 )C #9CD98C1 *E1 *C 79C1 $ C1 A9E 7C1 F$E #8#B1 E'8 1 7C1 9BE8C91 7C1 D9'8#1 D$1 8 #B9CE #1 (1 #9E*C91)8 *C#8C+C #1789C#&1E91C1S#1'8:C17C1)8 *C#8C+C #1B#9E AC91C#1D$18+D9#E #1 F$C1 C1 S#1 '8:C1 7)C:D9#E#8 1 0CE1 + #9C1 9BCC+C #1 )8+D9#E C1 7C1 E1 #E8C1 7$1 +E92B1 D$91BF$8889C91C1$9S#1"C$817C19C #E888#B%1E1#E8C17$1+E92B17$1DE-1C:#B98C$91E''C#C1 E$81C1D8 #17C198C+C #1"$#!''%1E 1$ 1+E92B19CE#8*C+C #1E9AC&1E17C+E 7C1D$91C1 D97$8#1. 2. 1 1 C#1 D$1 8+D9#E #C1 C1 F$81 8+D8F$C1 7C1 9C*C $1 D$1 BC*B1 F$81 DC9+C##C #1 7C1. DE-C917C1S#1'8:C1D$18+D9#E #1C#1+DC C91C19C#C17C1'9E81AB B9E$:1 1 5 1 $8 &1C1*E98E8C1D98 8DEC1E''C#E #1C128:1C #9C1C178''B9C #C1#9E#BA8C1F$81 #1C:DBC17E 1C1+7,C18 $C #1D98 8DEC+C #1E1#E8C17$1+E92B&1C1S#17C1#9E D9#&1 C1 C''C#1 '8:C1 C#1 E1 D97$#8*8#B1 C1 D9'8#1 C#1 E1 *E98E8C1 B1 F$C1 7B#C9+8 C1 E1 #9E#BA8C1 288C1 5 1 C''C#1 E1 D97$#8*8#B1 $ C1 *E98E8C1 C #9EC1 F$81 E''C#C1 C1 C''C#1 +E9A8 E$:1 C#1 C 1 9E89C1C1D9'8#15 1$#9C&1E1#E8C17$1+E92B1C#1E17C+E 7C1E''C#C #1C128:17C1#9E#BA8C1 D$91$*9891C1S#1'8:C&1F$81 #1D$18+D9#E #1D$91C151C1S#17)B2E AC1 #1 BAEC+C #1$ C1*E98E8C1B1C#1E$A+C #C #1E1D98E888#B17C151#E #1F$)81)E98C #188C 1 F$)81-1E8#1$ C19C#98#8 17C17. BC1D$91$ C1EDD8E#8 1C+D898F$C1)E$#9C1*E98E8C1E8 81. F$C1C1E9E#B98#8F$C1D9D9C1E$:1C #9CD98C19C#C #18+D9#E #CT1CC1 #18 #97$8#C17E 1 C1+7,C1C+D898F$C1 1 )E E-C1 C+D898F$C1 DC9+C#1 7C1 #C#C91 )8 '$C C1 7C1 )C #9CD98C1 C#1 C1 E9E#B98#8F$C1 7C1 )8 7$#98C1$91C1#9E#BA8C17C1C9*891C1+E92B1C1+7,C1C+D898F$C1F$C1 $1EDD8F$ 1C#1 9CE#8*C+C #19C8B1E$1+7C1#2B98F$C17B98#1E #B98C$9C+C #1 1 E 1 #9C1 B#$7C1 C+D898F$C&1 $1 $#88 1 E1 *EC$91 ##EC1 7C1 51 C #9E #1 7C1 C #9CD98C1 +$#8 E#8 EC1 0++C1 $1 )E* 1 +C #8. B1 E$DE9E*E #&1 )8GC#8'1 C#1 7C1 7B#C9+8 C91 E1. 9CE#8 1C #9C1C1C:D9#E#8 1C#1C15&1$8#8#$#8 1$1+DB+C #E98#B&1E'8 17C1. E/#9C1. )C''C#1 '8 E1 $91 )B +8C1 EC1 E 1 C1 E1 O1 C1 51 $8#8#$C #1 C1 C:D9#E#8 &1 $ C1 E$A+C #E#8 17C1C$:!81 7$89E1(1E18E8C17C1E1D97$#8 1EC1C#17$1 8*CE$17)C+D81C1 F$81 *E1 DE91 E1 $8#C1 E$A+C #C91 C1 8*CE$1 7$1 2K+EAC1 E 1 C1 E1 #9E89C1 O1 81 -1 E1 $ C1. 1. .E1.

(32) +DB+C #E98#B1 C #9C1 C1 C:D9#E#8 1 C#1 C1 5&1 #$#C1 E$A+C #E#8 1 7C1 '$:1 7C1 51 "*C9#8E$:1C#1298? #E$:%1E$9E17C1C''C#1D8#8'1$91)B +8C1EC1F$C1C18#1E$1 8*CE$1 7C1)C+D81$17C1E198E C1B +8F$C118 8&1C18$#17)$#88C91C178''B9C #1#-DC17C1 51C#17C1E*891C#17B#C9+8 C91F$C1C''C#1D88C1DC$*C #1N#9C1C AC 79B1'8 EC+C #1$91 )B +8C1EC1 1 E1 D9C+8,9C1 BF$E#8 1 F$C1 $1 E* 1 $#88BC1 )8$#9C1 7E 1 C1 +7,C1 D988#1 88!*E98B1 F$81 DB8'8C1E1D98E888#B1F$)$ C1C #9CD98C1 F 17E 1$ C18 7$#98C1 4 1C:D9#C1 9 1*C91C1+E92B1 B#9E AC921 1. 9 F4 = g 6 + g 7 A. B9 F4 + g . A. F 9 F4 + g < 6A3DFF D F4 + g = C9 4 =. + g @ 9F5A8. F5A9 4 + g A 8 # 9D F4 +. 1g. 365D68. "g C F8FD9. F4. +. F =7. 1111111111111111111111111111111111111111111. g D 36568FAD 9F4 + g E F5A995A95 39 F4 + 76. 1g. 76 + F. F5AD. ACC. *E9 F89 4 % + n F4 . F =7. 1 E1 7C$:8,+C1 BF$E#8 1 +C$9C1 )8 '$C C1 7C1 +N+C1 *E98E8C1 +C #8 F$C1C1C #9CD98C17C*8C. BC1 8!7C$1 D$91. C #17C1;89+C1F$#8 E#8 EC1";F%21. 1. C59 F4 = g 6 + g 7 A. B9 F4 + g . A. F 9 F4 + g < 6A3DFF D F4 + g = C9 4 =. + g @ 9F5A8. F5A9 4 + g A 8 # 9D F4 +. 1g. 365D68. "g C F8FD9. F4. +. F =7. 1111. g D 36568FAD 9F4 + g E F5A995A95 39 F4 + 76. 1g. 76 + F. F5AD. ACC. *E9 F89 4 % + n F4 . F =7. 1 0C1 BF$E#8 1 9CD9BC #C #1 C1 +7,C1 C+D898F$C1 F$81 8 $#1 7C$:1 A9$DC1 7C1 *E98E8C1 C1 D9C+8C91 A9$DC1 C#1 +DB1 7C1 *E98E8C1 D98 8DEC1 ")\AC&1 E1 #E8C&1 E1 D97$#8*8#B&1 E1 D9D9#8 1 7C1 E1 #E8C1 C #9C1 C1 8 7$#98C&1 )8 7C:1 7C1 4C9'8 7E21 C#1 C1 8++888E#8 1 8 9D9CC%1 C1 7C$:8,+C1 A9$DC1 C#1 C$81 7C1 *E98E8C1 7C1 #9KC1 F$81 #1 C 1 C1. 1. <61.

(33) +7,C21C1'88EC&1C1'$8 &1)8 7BDC 7E C1C#1E1E8'8E#8 17C18 7$#98C1C1EDD9#1 #2B98F$C1$91)$#88E#8 17C1C1*E98E8C19CDC #1$91C1 87B9E#8 1$8*E #C21 1 E1 D9C+8,9C1 *E98E8C21 E1 D97$#8*8#B1 32B98F$C+C #1 C#1 C+D898F$C+C #&1 C1 C #9CD98C1 C1 D$1D97$#8*C1 #1$ C1'9#C1D8888#B17C19BE8C917C18 *C#8C+C #1789C#1(1)B#9E AC9&1 D$1 F$C1 C1 C #9CD98C1 DC$1 D97$#8*C&1 4CD+E 1 C#1 E1 ".66=%1 C1 D98 8DEC1 D9:-1 $#88BC1D$91+C$9C91E1D97$#8*8#B1 #211 1 C1D97$8#17)C:D8#E#8 1DE91C+D-B1"D9:-1#9E78#8. CC%1. C1 D$9C #EAC1 7C1 S#1 7C1 C+D-B1 DE91 9EDD9#1 E$1 D97$8#1 7)C:D8#E#8 1 " $*CC1 D9:-%1 C17C$:8,+C1D9:-1C#1D$1DC9#8 C #C1D$91+C$9C91E1D97$#8*8#B1E91CC1+C#1C 1B*87C C1 C12E9AC1EE98EC1E$18C$17$1 +89C17)C+D-B1++C1 $1E 1C:D8F$C91DE91E1$8#C1 1 4CE71 E 71 8C1 ".66<%1 + #9C #1 F$C1 E1 9CE#8 1 C #9C1 E1 D97$#8*8#B1 C#1 C1 51 *C9$1 $ C1 7B88 1(1C:D9#C917BDC 71D98 8DEC+C #17C1E1D9:-1$#88BC1D$91+C$9C91E1D97$#8*8#B1 8 8&1 $1 E* 1 2881 7)$#88C91 BDE9B+C #1 C1 7C$:1 D9:-1 D$91 '89+C91 C##C1 #E#E#8 1 5''C#8*C+C #&1 $1 + #9 1 F$C1 E1 $*CC1 D9:-1 D9BC #C1 7C1 9B$#E#1 +C8C$91F$C1E1D9C+8,9C1 1 E1C 7C1D9:-1C#1$#88BC1C 1D$17C1E1D9:-1#9E78#8. CC1E91CC1DC9+C#17C1+ #9C91C1. 9KC1 7C1 E1 D97$#8*8#B1 (1 #9E*C91 78''B9C #1 E E$:1 C#1 DE9+81 C1 78''B9C #1 8*CE$:1 7C1 C #9CD98C1++C1$8#21 $1+ #9 1)8+D9#E C17C1E1D97$#8*8#B1C 1#C#E #1C1C #9CD98C1C1+8 1D97$#8*C1 ]C1A9E 7C1C #C9D98C1^11C#1C1C #9CD98C1C1D$1D97$#8*C1]C1#9,1A9E 7C1C #9CD98C^1 0C81 $1 DC9+C##9E1 7)C:D8F$C91 C1 9KC1 7C1 )8+D9#E C1 7C1 E1 D97$#8*8#B1 ++C1 $ C1 $*CC1 *E98E8C1 D$91 8 '$C C91 C1 #9E#BA8C1 7C1 C #9CD98C1 D$91 C9*891 C1 +E92B1 B#9E AC91 "4CD+E 1 C#1 E1 ".66=%%1 8 8&1 $1 D$* 1 + #9C91 C1 D98 8DEC1 #9E#BA8C1 E7D#BC1 DE91 C1 7C$:1 78''B9C #1 A9$DC1 7C1 C #9CD98C21 C1 A9$DC1 7C1 C #9CD98C1 C1 D$1 D97$#8*C1D#C1D$91E1#9E#BA8C17)8 *C#891789C#C+C #1(1)B#9E AC91D$91C9*891C1+E92B1. 1. <71.

(34) 8 #C9 E#8 E$:1C#1C1A9$DC17C1C #9CD98C1C1+8 1D97$#8*C1288C #1C1C:D9#E#8 1 D$91C9*891C1+E92B1B#9E AC91 1 5 1 C''C#&1 C 1 E1 #2B98C&1 $1 D$* 1 E##C 79C1 F$)$ 1 8*CE$1 BC*B1 7C1 E1 D97$#8*8#B1 E$A+C #C1E1D98E888#B17C128891)8 *C#8C+C #1789C#1D$91)8 #97$89C17E 1C1+E92B1 B#9E AC91 C#1 9B7$8#1 E1 D8888#B1 F$C1 C1 C #9CD98C1 D#C #1 D$91 C$C+C #1 C1 C:D9#E#8 1 "4CD+E 1 C#1 E1 ".66=%1 )C''C#1 +E9A8 E1 7C1 E1 D97$#8*8#B1 C#1 D8#8'1 D$91 E1 #9E#BA8C1 C 1 'E*C$917C151C#1 BAE#8'1D$91E1#9E#BA8C17)C:D9#E#8 1T1C19B$#E#1E1B#B1 '89+B1E$81DE91 E19BC #C1B#$7C17C148C92'C91E 71'E''C9+E-91".677%1 1 )\AC1 7C1 )C #9CD98C1 F$81 C#1 8 $1 C 1 #E #1 F$C1 *E98E8C1 C:D8E#8*C1 E1 $ 1 C''C#1 D8#8'1 $91 E1 #9E '9+E#8 17)$ C1C #9CD98C1C 1;F1C 1E1#2B98C&1DB8EC+C #1C1;F178*C #1N#9C1 E 8C C1 C 1 +-C. C1 ++C1 CC1 #1 EF$81 $ C1 A9E 7C1 C:DB98C C1 $91 C1 +E92B1. B#9E AC91 "81 C#1 5C##E1 ".66<%1 C#1 6EAA81 "7EED%%1 9E72E 1 ".66=%1 #9$*C1 $ 1 C''C#1 D8#8'1 7C1 )\AC17C1)C #9CD98C1D$91$91E17B88 1(18 *C#891789C#C+C #1(1)B#9E AC91 1C:D8F$C1CE1 9F$)81 -1 E1 $ C1 E$A+C #E#8 1 7E 1 C1 #>1 7C1 8++888E#8 1 8 9D9CC1 7)$ C1 C #9CD98C17E 1 1D9C$17C198E C18 8&1 $1D9B*- 1$ 1 C''C#1D8#8'17C1)\AC1 F$C1 C1 8#1 D$91 $ C1 #9E#BA8C1 C 1 *$C1 7)C:D9#E#8 1 $1 7)51 C#1 C1 DC$1 8+D9#C1 C1 A9$DC1 E$F$C1 EDDE9#8C #1 )C #9CD98C&1 A9E 7C1 $1 #9,1 A9E 7C1 5 1 $#9C&1 $1 E##C 7 1 (1 #9$*C91 $ 1 C''C#1 D$1 8+D9#E #1 D$91 C1 51 C1 C #9CD98C1 C1 D$1 \ABC1 #1 $ 1 #>1 7)8++888E#8 1 8 9D9CC1 D$1 8+D9#E #&1 C1 F$81 DC9+C#1 (1 )C #9CD98C1 7C1 '8 E C91 C1 S#1'8:C1D$1BC*B17B78B1E$:151C#17C1D9B'B9C91C##C1#9E#BA8C1F$81)E*,9C1D$1D9'8#E8C1 F$C1 7)C:D9#C91 $91 C1 A9E 7C1 C #9CD98C&1 )8+DE#1 7C1 )\AC1 $91 C1 C:D9#E#8 1 78#1 N#9C1 D$18+D9#E #1F$C1D$91C1C #9CD98C1C1D$1A9E 7C1B8D9F$C+C #&1)8+DE#17C1)\AC1 7)$ C1#9,1A9E 7C1C #9CD98C178#1N#9C18CE$$D1D$18+D9#E #1$91C151F$C1C$81D$91C1 A9E 7C1C #9CD98C10C##C12-D#2,C1)C:D8F$C1DE91E178D8#8 17)$ 1E#8'18 #E A88C1$+$B1 #9,18+D9#E #15 1D$&1C1C #9CD98C1C1D$1A9E 7C1 #1D$1E 8C C1C 1+-C C1F$C1 C1C #9CD98C1E9AC1 $1 $1 E##C 7 1 F$C1 )C''C#1 +E9A8 E1 7C1 )\AC1 8#1 D8#8'1 D$91 E1 D98E888#B1 F$)$ C1 C #9CD98C1D#C1D$91$ C1#9E#BA8C17)8 *C#891789C#C+C #1(1)B#9E AC91E91F$)81*E1N#9C1 BAE#8'1 D$91)D#8 17)C:D9#C91 #E++C #1D$91C1C #9CD98C1C1D$1E 8C C1F$81 #1E$81C1 D$1 A9E 7C1 5 1 9C*E 2C&1 D$91 $ C1 #9E#BA8C1 7)8 *C#891 EC+C #&1 $1 D9B*- 1 $ 1. 1. <.1.

(35) 8+DE#1 BAE#8'17C1)\AC17C1)C #9CD98C10C81DC$#1N#9C1C:D8F$B1DE91C1D9'8#1F$81DC$*C #1N#9C1 9BAB B9B1 81 )C #9CD98C&1 #$G$91 7E 1 C1 E79C1 7C1 )E 8C C#B1 DB9E#8. CC&1 7B87C1. 7)8 *C#891 (1 )B#9E AC91 E$1 8C$1 7)8 *C#891 EC+C #1 $1 C9*891 C1 +E92B1 B#9E AC91 DE91 C1 C:D9#E#8 111 1 E1#988,+C1*E98E8C1$#88BC17E 1)B#$7C1C+D898F$C1C#1C1 +89C17)C+D-B1DE91C #9CD98C1 0)C#1$ C1*E98E8C1F$81C9#17C1D9:-1D$91E1#E8C17C1)C #9CD98C1C#1DE91E1$8#C1++C1D9:-1 7C1 S#1 '8:C1 7C1 )C #9CD98C1 C1 C #9CD98C1 F$81 78DC #1 7)$ 1 +89C1 8+D9#E #1 7)C+D-B1 #1#C 7E C1(1D97$89C1C#1*C 79C1D$1F$C1C1E$#9C1C #9CD98C18 81CC1 #1 7E 1E1 #9E8 #C17C1C1D9$9C917C1' 71D$18+D9#E #1D$91'8 E C91C1S#1'8:C1F$81 )EG$#C #1D$91$ 1D9GC#17)51C1C1'E8#&1 $1$DD 1F$C1C1A9E 7C1C #9CD98C1C9 #1 +8 1C:DBC1F$C1C1#9,1A9E 7C1D$91'$9 891C1' 71 BCE89C1(1+C##9C1C 1L$*9C1C1 7C$:1#9E#BA8C1$#9C+C #178#&1)8+DE#17C1E1#E8C17C1)C #9CD98C1C#19C+E9F$E8C+C #1D$1 8+D9#E #1 D$91 C1 #9,1 A9E 7C1 C #9CD98C1 C#1 C##C1 8+D9#E C1 C#1 D$1 8C9*BC1 7E 1 $ C1 #9E#BA8C17)51F$C1CC17)C:D9#E#8 &148C92'C91C#1'E''C9+E-91".677%1 1 $1 E##C 7 1 F$C1 )C''C#1 +E9A8 E1 7C1 E1 #E8C1 7C1 )C #9CD98C1 8#1 D8#8'1 D$91 C1 7C$:1 #9E#BA8C&1 AB B9EC+C #1 5 1 9C*E 2C&1 7E 1 $ C1 #9E#BA8C1 7)C:D9#E#8 &1 )C''C#1 DC$#1 N#9C1 BAE#8'1 $1 D9B*- 1 E$81 F$C1 )8+DE#1 7C1 E1 #E8C1 C9E1 D$1 8+D9#E #1 D$91 C1 #9,1 A9E 7C1C #9CD98C1D$1F$C1A9E 7C1$9#$#1E$1 8*CE$17C15&17E 1E1+C$9C1O1C1A9$DC1 7)C #9CD98C1E1#C 7E C1(1C9*891C1+E92B1B#9E AC91(1#9E*C91C18 *C#8C+C #1789C#111 1 E1 F$E#98,+C1 *E98E8C1 ]+CE$9C+C #1 '1 C #C9D98C1 8?C^1 "F56%1 +C$9C1 E1 #E8C1 +-C. C1. 7)$ C1C #9CD98C1C 1E1E8'8E#8 10517C189E 2C11)EA8#17)$ C1E$#9C1D9:-1D$91 8$#9C91C1S#1'8:C1 C1#E8C1+-C C1BC*BC1$AA,9C1$ C1'9#C1D98E888#B1(1C9*891C1 +E92B1B#9E AC9&148C92'C91E 71'E''C9+E-91".677%14 1 87,9C1F$C&1C1F561ED#C #1C1 C''C#17C178''B9C C17C1#E8C1+-C C17C1C #9CD98C1C #9C1C178''B9C #C189E 2C1F$81 78#1 E''C#C91 C1 28:1 7B88. C1 7C1 #9E#BA8C1 (1 E7D#C91 DE91 C1 C #9CD98C1 8 8&1 C##C1. *E98E8C1C#1+D,#C+C #178''B9C #C17C1CC17$1 +89C17)C+D-B1++C1D9:-17C1E1#E8C1 7C1)C #9CD98C1$1E##C 7 1F$C1C1C #9CD98C1F$81EDDE9#8C C #1(17C18 7$#98C17 #1E1 #E8C1 +-C C1 C#1 BC*BC1 #1 D$1 #C 7E C1 (1 C9*891 C1 +E92B1 B#9E AC91 C1 F561 *E1. 1. <<1.

(36) 8 '$C C91 D8#8*C+C #1 E1 D98E888#B1 F$)$ C1 C #9CD98C1 C:D9#C1 $1 F$)CC1 8 *C#8#1 789C#C+C #1(1)B#9E AC91 1 C18 7$#98C1F$81 #1$ 1F561+7C#C&1C 1+-C. C&1C9 #1C18 7$#98C1F$81D97$8C #17C1. 88C 1 1++C98E8E8C&1 #E++C #1C1C#C$917C1C9*8C11)EA8#17)$ C1E$#9C19E8 1 F$81 )EG$#C1 D$91 #C#C91 C1 7C$:1 A9$DC1 7)C #9CD98C&1 C1 A9E 7C1 C#1 C1 #9,1 A9E 7C&1 BDE9B+C #17E 1C1+7,C11 1 E18 F$8,+C1*E98E8C1C#1C17CA9B17C1E1 C #9E#8 1$91C1+E92B1F$81DC9+C#17C1'$9 8917C1 8 '9+E#8 1$91C1D$*891C1+E92B17)$ C1C #9CD98C1$1 $1++C18EB1$91)8 7C:1 7)4C9'8 7E21 D$91 +C$9C91 E1 C #9E#8 1 $91 C1 +E92B1 C 1 $DDE #1 F$C1 #$#C1 C1 C #9CD98C1 7C1 )B2E #8 1 '9+C #1 $ 1 C$1 +E92B1 5 1 C''C#&1 C#1 8 7C:1 +C$9C1 E1 C #9E#8 17C12EF$C18 7$#98C&18EBC1$91C19C*C $17C1C #9CD98C1D$912EF$C18 7$#98C1 78*8B1DE91C19C*C $1##E17$1+E92B1"9C*C $1##E17C1C #9CD98C%11C#1BE89B1(1DE9#8917C1 C #9CD98C17C1)B2E #8 1 C#1819CD9BC #C1E1D9:-17C1E1 C #9E#8 1 9BCC1E$1+E92B1 1 7 *E98C1C #9C1 5 1C#1]7^1E1*EC$91]7^18A 8'8C1F$)81-1E1$ C1C$C1C #9CD98C1F$81DB9C9E17E 1$ 1. E79C1+ D8#8F$C1 $1$DD 1F$C1C1C #9CD98C1F$81 C1 #1DE1 '9 #BC1(1$ 1 8*CE$17C1 $99C C1 8+D9#E #1 $91 C1 +E92B1 O1 CC1 D,9C #1 E$9 #1 $ 1 8*CE$1 BC*B1 7C1 +E9AC1 8 8&1 CC1 )E$9 #1 DE1 7C1 #9E8 #C1 D$91 C9*891 C1 +E92B1 B#9E AC91 F$C1 C1 8#1 (1 #9E*C91 C1 '8 E C+C #1 7C1 S#1 '8:C1 8B1 E$:1 51 $1 7C1 S#1 7$1 #9E D9#1 8B1 E$:1 C:D9#E#8 1 )8+DE#17C1C##C1*E98E8C1C9E1D8#8'1D$91C17C$:1#9E#BA8C1 1 5 1 9C*E 2C&1 C1 C''C#1 7)$ C1 '9#C1 C #9E#8 1 C9 #1 8CE$$D1 D$1 BC*B1 $91 C1 C:D9#E#8 1F$C1$91C1515 1C''C#&1#$#C1E$A+C #E#8 17$1 8*CE$17C1E1 C #9E#8 1$91C1 +E92B1"4C9'8 7E21 7C:%1C1#9E7$8#1DE91)E$A+C #E#8 17$1D$*8917C1+E92B17C1)C #9CD98C1 C#178+8 $C1C1 8*CE$17C1E1 $99C C1C 1E$A+C #E #1C1D9'8#10C81C:D8F$C1E1D9B'B9C C1 7C1 )C #9CD98C1 ED9,1 E*891 +E8 #C $1 E1 D8#8 1 7E 1 C1 +E92B1 E1 7C1 7B*CDDC91 C1 E#8*8#B1DE91C1C9*8C17C1 $*CE$:1+E92B1(1)B#9E AC91*8E1C1C:D9#E#8 1E$18C$17C1511. 1. <=1.

(37) E1#9E#BA8C17)C:D9#E#8 1C#1C19B$#E#17C1)8+D9#E C17$1 8*CE$17C1E1 C #9E#8 17)$ C1 C #9CD98C1 $91 C1 +E92B1 E1 $#9C+C #1 78#&1 $ C1 7B88 1 7)51 C1 DC9+C#1 DE1 7C1 9BE8C91 7C1AE8 1D$18+D9#E #1F$C181)C #9CD98C17B87C17)C:D9#C911 1 E1 8:8,+C1 *E98E8C1 8$#9C1 C1 8++888E#8 1 8 9D9CC1 F$81 #8#$C #1 $ C1 D9:-1 D#C #8CC1 D$91 +C$9C91 C1 E#8*8#B1 7C1 E1 C2C92C1 C#1 B*CDDC+C #1 "_%1 C1 C #9CD98C1 F$81 78DC #1 7)8++888E#8 1 8 9D9CC1 BC*BC&1 #C1 F$C1 C1 A88C&1 C1 89C*C#1 #1 7#BC1 7)$ 1 E*E #EAC1 +DE9E#8'1 DB8'8F$C1 F$81 DC9+C#1 7)E$A+C #C91 E1 D98E888#B17)$ C1D8888#B17C19BE8C91C1518 8&1 $1$DD 1F$C1)8+D9#E C17C1 8++888E#8 18 9D9CC1E$9E1$ 1C''C#1 BAE#8'1$91$ C17B88 17)C:D9#E#8 1E91F$)81 C9E1D8#8'1D$91$ C1#9E#BA8C17)C:#C9 E8E#8 1"5%10C##C12-D#2,C1C#1D$1*EE8C1D$91 C1 C #9CD98C1 C1 D$1 A9E 7C1 ++C1 CC1 #1 C BC1 DB7C91 7C1 8++888E#8 1 8 9D9CC1 BC*BC1 C1 F$81 DC9+C#1 E1 $8#8#$#8 1 C #9C1 C1 7C$:1 #9E#BA8C1 5 1 C1 F$81 C9 C1 C1 A9E 7C1 C #9CD98C&1. $1 D9B*- 1 F$C1 E1 *E98E8C1 P18++888E#8 1. 8 9D9CC1R1E$9E1$ 1C''C#1D8#8'1D$91C17C$:1#9E#BA8C1"C:D9#E#8 1C#15%1 1 5 1C''C#&1C##C1E#BA98C17)C #9CD98C1 )C#1DE1E1D$1A9E 7C1C 1#E8C1$91C1+E92B1C#1E8 81 C178DC1DE17)8++888E#8 18 9D9CC1$+$BC18+D9#E #C13$#C1E$A+C #E#8 17C1 C##C1 *E98E8C1 D$91 C1 C #9CD98C1 C #9E/ C9E1 7C1 E#8*8#B1 7B78BC1 E$:1 C:D9#E#8 1 E$1 8C$1 7)8 *C#891789C#C+C #1(1)B#9E AC91 C1#9E#BA8C1'E*9E8C1E$:151 BC8#C1$ 1 8*CE$1BC*B1 7C1DC8 17)8++888E#8 18 9D9CC&1C1F$81 )C#1DE1C1E17C1A9E 7C1C #9CD98C1 0C8178#&1E*C1C17B*CDDC+C #17C1E#8*8#B17)C:D9#E#8 &1C1C #9CD98C19C '9C9 #1C$91 DEC1$91C1+E92B1DE91)EF$88#8 17)$ 1 8*CE$1 BCE89C17)8++888E#8 18 9D9CC1 F$81 DC9+C##9E&1 ++C1 7E 1 C1 E1 7C1 #9,1 A9E 7C1 C #9CD98C&1 7)E$A+C #C91 E1 D98E888#B1 7)B#E88917C151G$F$)(1E1$8#8#$#8 17C1C:D9#E#8 1 1 $1 E* 1 2881 7)$#88C91 C1 *EC$91 7)8++888E#8 1 8 9D9CC1 D$91 B*8#C91 #$#1 D98,+C1 D#C #8C1 8B1 (1 )C 7AB B8#B&1 48C92'C91 E 71 'E''C9+E-91 ".677%1 0++C1 $1 )E* 1 8 78F$B&1 E1 *EC$91 $9E #C1 7C1 C##C1 *E98E8C1 DC$#1 7BDC 79C1 7$1 8*CE$1 7)E#8*8#B1 +$#8 E#8 EC18BC1(1E1_11 A. 1. <@1.

(38) 5AB5C537*5A26FC(5AB5A463157A3F283528A57A463157AB5A3F286F5,A E1D9C+8,9C1*E98E8C1+C$9C1E19CE#8 17)$ C1C #9CD98C1E*C1C1E$#9C1C #C9D98C15C1D9C 71 E1*EC$91]17^181)C #9CD98C1C#1$ C1'88EC17)$ C1E$#9C1+DEA 8C1C#1]6^17E 1C1E1 #9E89C1 $1$DD 1F$C1C1C #9CD98C1'9E ME8C&1F$)CC18C #17C1'88EC17)E$#9C1C #9CD98C1 $1 &1* #1E7D#C91E1+N+C1#9E#BA8C1F$C1CC17C1C$917898ACE #1Q$)CC1D9C. C1E1*EC$91. ]17^1$1]16^&1E1*E98E8C1E$9E1$ 1C''C#1D8#8'1$91C17C$:1#-DC17C1#9E#BA8C16C$C+C #&181'E$#1 88C 1 #9KC91 C1 9KC1 7C1 C #9CD98C1 +,9C1 D$91 8 '$C C91 C1 #9E#BA8C1 E7D#BC1 DE91 C$91 '88EC1 1 5 1$#9C&1C1+7,C18 $#1$ C1*E98E8C1F$81DC9+C#17C178#8 A$C91C178:178''B9C #C1E#BA98C1 7C189E 2C1E'8 17)C 1#89C91C1C''C#1DB8'8F$C10C##C1*E98E8C1DC9+C##9E17)E*8917C19B$#E#1 D$198$#C1DE91E178#8 #8 1C #9C1C189E 2C1DE919EDD9#1E$:1E$#9C1*E98E8C1$#88BC1 1 C1 E$#9C1 *E98E8C1 7C1 #9KC1 C#1 8 $C1 7E 1 C1 +7,C1 F$81 DC9+C#1 7C1 'E89C1 E1 78''B9C C1 C #9C1C1C #9CD98C1 87BC&1 1 87BC1C#1C17C$:1(1E1'81C 1C19B'B9E #1(1E18EC1 7C17. BC1'$9 8C1DE91+E7C$1)8 #97$#8 17C1E1*E98E8C1F$81+C$9C1E1D9BC C17C1E1. 87E#8 1 DC9+C#1 7)C 1 DB8'8C91 )8+DE#1 $91 C1 28:1 7C1 C #9CD98C1 D$91 C9*891 C1 +E92B1B#9E AC91C#1E8 817)E+B89C91C1D$*891C:D8E#8'17$1+7,C11 1 $1 #9K 1BAEC+C #1C178''B9C #1 8*CE$:17)E$# +8C17C1C #C9D98C16C 1E18EC1 7C17. BC1+E7C$&1C1C #9CD98C1 #1EBC1C 1F$E#9C1 8*CE$:21#9,18 7BDC 7E #C&1. 8 7BDC 7E #C&1 7BDC 7E #C1 C#1 #E#$#1 8 . $1 0C##C1 78#8 #8 1 7C1 E8'8E#8 1 DC9+C#1 7C1. 7B#C#C91C178''B9C #1+D9#C+C #17)$ C1C #9CD98C1C 1 1EDDE9#C E C1C#1 1 8*CE$1 7C1 87E#8 1$1 1DE919EDD9#1E$:128:17)C:D9#C91$17C19BE8C917C1511 1 C1#E8CE$1 $8*E #1 C A8C1C178''B9C #C12-D#2,C&1 E897BC17E 1 #9C1+7,C&1C 1 C1 #-DC17C1#9E#BA8C1"5:D9#E#8 1*C9$15%1C#1C 1C1A9$DC17)C #9CD98C1"E9AC1C#1#9,1E9AC%1 1 1 1. 1. <A1.

(39) 3E8C1"7%21B$+B17C18A C1E##C 7$17C1*E98E8C1$91C128:1C #9C1C:D9#E#8 1C#1511 E1#9E#BA8C111. 5:D9#E#8 1. C1 *E98E8CX1 C1 E9AC11. 51 39,1E9AC11. A9$DC1. E9AC11. 39,1E9AC11. 1. AC`1. a::1. a:1. aa:1. aa::1. 5+D-B1. a1. a1. a:1. aa1::1. ;88EC11. a1. a1. a1. a1. 97$#8*8#B11. !1. !1. a1. a1. F561. a1. a1. a1. a1. 4C9'8 7E21. aa::1. a:1. a1. a1. ++888E#8 1. a1. !1. a1. a1. 8 9D9CC1 aa18A 8'8C1$ 1C''C#1D$1'9#1D$91C17C$:1#9E#BA8C1 H18 78F$C1$ 1C''C#1D$18+D9#E #1C #9C1C17C$:1A9$DC17)C #9CD98C1 `)C''C#17C1)\AC1C#1D$18+D9#E #1$91C151DE919EDD9#1E$:1C:D9#E#8 1)E$#9C1DE9#&181 C#1 D$1 '9#1 D$91 C1 A9E 7C1 C #9CD98C1 C 1 #C9+C1 7)C:D9#E#8 1 C 1 +DE9E8 1 7C1 #9,1 A9E 7C1 C #9CD98C1 E9E,C+C #&1 )C''C#1 7C1 )\AC1 C#1 D$1 8A 8'8E#8'1 D$91 $ C1 #9E#BA8C1 7)517E 1C1C #9CD98C1#9,1A9E 7C1C#1+8 18+D9#E #1D$91C1A9E 7C1C #9CD98C1 1 57A)9(F8)7757A:A857856AB27A2F865A*FB75A7F28A57A7C342857,A 11111 !1 )E$A+C #E#8 17C1E1D97$#8*8#B17C1C #9CD98C1#C 71(1$8#8#$C91C151E$18C$17C1 C:D9#E#8 1 !1 C1C #9CD98C1C1D$1D97$#8*C1 #1#C 7E C1(18 #C9 E#8 E8C91C$91E#8*8#B1 !1 $1)\AC&1E1#E8C1C#1C1 8*CE$17C1E1D97$#8*8#B1E$A+C #C&1D$1E1D98E888#B1F$)$ C1 C #9CD98C1D#C1D$91C151E$A+C #C1 !1 E1D97$#8*8#B1+C$9BC1DE91E1F$E8#B17$1#9E*E81C#1$ C1D9:-1D$1DC9#8 C #C1. 1. <C1.