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H h t n i c g t n i h t l b t h g n g n c i h k c i h k u t n b g n i h t i t
b i t n i h T > = b t h g n g n c b + h k c i i h k u t n b g n i g n t n .



i h T b t h g n g n c b + h k c i i h k u t n g n .



h p h n h t c C c g n h t h a c n i t n
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t c , c i b m n u s g n c , t i b m u s p n , t c i b m l u l n g n
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i h t l y b t h n u g n n l g n n n t g n c t v i o g n n b g n i h t o v b t
h g n g n c s c n r t i h n t i u i h k u t n b i u i h k c c g n o r T . n h
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i ( t ) n i t h n v n i ( c g n . y a u q ) n
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c i l m l g n D b a i i h k u C . n c c r t u g n a h p h n h t 4 m n : h n h c
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. g n h t
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- o V h n u h t , 0 6 9 1 m n g n i b t i t n h c t n r t i h t l b t
i h t c C . o i d a r b t h c u h t c h k g n n c o h h k c l y t n i c t n . n a i a
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i t n u c o v h n i H . 0 7 9 1 m n g n h t g y n g n c c c m m i b v n r t
r t u h k c c , u i b m v n r t r t c , m a c c i b m v n b r t m c , a g i b m t n c
m b b v a g m x i v l c x h n h t i i l h n m . a
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S B A h n a h p i h k c d g g n H . t n r t g g n h t g n d y y n g g n c c c m
i b t n c t e x h n b c c i c h n m s n c b g n b v e x h n b x i v l
i h n t a r t h p i u i h k u c n c h c u h n h p h t i h c i n h c u u s p h n t
d h g n o r t u h t h n a h p g n c c b g n h k e x h n b c m h r t v g n l t . t
- H h t i g n i h k u h c n r t g n l o r t n o c n o i t c a r t ( S C T y a u q t ) m e t s y s
i r t t h p c i g o v t n r t n h n a . 0 9 9 1 m n g n c c C i b m c x n n h
s r t c y a u q t g n o r t e x h n b c c a t h n r t u q t g n b v c i i h k u i v ( n
x i ) l i h k u i g n m u s g n c c t a y u r t c g n n h n a h p v e x h n b n
b e x h n b r t . y a u q t
h n n r T g n r t n r t g n t , t i c g n h h n l g n n n s y a u q
n t i h k e x n h t t g e x h n b i h K . c b r t d t h k , c i g g n a g n m b g n n m
r i i h n t t , u m l c h k t i g n n u i h k h n . g n
h k r t y u d c t p i g S C T i g n n i h k u h n c g n i h k t a g n t
t h k g n t p i g v c g n n l g n h c r t y u d v c c r t h p g n o r t t m
t i v h n t ( t i b c v l t h n i o l g n h n t c e x i g n n l g n h c h n o a c c
d c t c v ) a u e x b h n g n i a s i v h h c n r t . t
H h t i g n i h k u h n r t u q n l g n h c e l c i h e V ( C D V t c
) l o r t n o C s c i m a n y D i g c i h t i u c o v t n r t u h n i m n g n 9 9 1 c L . 0
b i g y h , h t i v m l y n g n t g n t c S C T h n c m h t c g n h n i b m n
c v e x n h t y a u q i b m t a i g n c H . g n a g n h t h t g n i h c i n h c u l h n c
t o k v e x h n b c c i t c t t i h t i s a h u l i a s h h c y u h c g n n
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t e x h n b c c i i h c c h n r t t n y a u q g n h t g n v i h t g n v y a u q v a . u
i h t n r T b c c , y a n n x i v t b 2 3 v 6 1 , 8 l s c d g n
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b h n i h n v M O R P E / M O R P E E i h t u b t h c , C D A h n c h k g n n c
, r e m i T , M W P h h c t c g n o r t p d p i h c n c d g n t n r t g n .
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h t y u r t g n l n o l ; h k i t , c , C D V , S C T , S B A o h c g n d t i b 6 1 i h h t g n
i o l v h k g n h k a h u i h t i b 8 i h c n g n d i i h k u h g n c , , a
m n r T g n g i h t i o h k c y a n n g n 0 4 b 0 7 n i i v i h k u . n

3 . 1 H . H T I C G N T N T N R T

H g n h t i c t n h l o t n i h k u i c i v n i h c h t g n h t b n c g n ,
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n p c g n U C E g n b n i h k u i c .

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d v n o c g n U C E g n o r t h n b g n o r t u i l .








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h c C h t i c g n t n i h t n r t g n a n i r t t h p c n o e h t
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g n a c h k t c n i h g n c u d g n . g n

h c C h t i c i v g n E o r c i M ( S M E M n l a c i n a h c e M o r t c e l , ) m e t s y S
g n g n s a d a r g n a n c n i h g n c u d g n n r t g n h c c v t c c
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d g n c g n h a h t g n v h n c n o t g n a S P G u c c n i h g n u
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g h k g n h k y o x l i d n a m r a K y o x y o X . y o x o t h n a h t o e h t c m c c
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C n i b m t m t c h t c t t i b n h n e x c e x h c g n a a r t h p N . y
m d u y h c , D P S u i h n t t g n v , C S I g n h t h n i h k u i i t t n i h k u
h h k g n h k p h n - i l n i h n r t u q g n o r t u i g h n v c t m t g n t . v . v c
o l 4 C l c t g n c i o L : n i b m c i i o L , g i o L , c h g n a u q n i b m c i
i . ) t r t n i t n h p ( E R M i o L , t n
1 . 9 . 2 o L . l c t g n c i g i
L a i n o c r i Z p
B sy
V b v o
C i b m n
h h n p
h n t
C n n i b m y m a n t m m g o a b N . m i k i o l h g n g n b g n o r t p l c
b y a u q m h c l y a u q g n n y u h c , c t h g n p c g n t g n c o h c m v g n c
m l c t g n C . g i m v g n v t m y a u q p c i h k n l 4 . g n
N m h c m a h n c c n h p c L . h n h g n o r t r t t c v 4 i t g n y u h c g n n
i t v N c c a i g p c S v g n s m h c m a n a m l c t g n c a c m i p i t g i
. y a u q m h c m a n i h k







2 . 9 . 2 o L . i c c h g n a u q n i b m
C n n i b m y n i b m c t m m g o a b N . h g n g n b g n o r t p l c
h g n a u q l c t m t m i h c , D E L n v u m o e x h n b t M . c h g n a u q r o t i s n a r t t
x c r h n
a i g t n h g n a u q r o t i s n a r t v D E L c h g n p c g n b g n n d c
t . c s e x h n b n r t h n r c C g n s h n , y a u q e x h n b i h k g n s h n g n u x a r o t
i h c D E L n o d u h t a i h c c m g n o r t g n u x 0 2 h n v i c y a u q g n 0 2 . p c a
y u h c y n g n u x h t n h n g n u x 4 h n . U C E n i g u a s , s m b









3 . 9 . 2 o L . t n i i
C n n i b m y v s p h g n o r t p l c h n h t c r t a c y a u q c t t i b n
c v y d n u c t m , u c h n v m h c m a n t m m g o a b N . s p h p m l t M . i t
g n r 4 c o t r r t p l c r t n . s p h p c h t c
p c n h g n t c
C t g n l c g i m h c m a N
t g n C c
l g i
c c n
c h k U C E
c n
p c n h g n t c
e x h n B
x c h n r
D E L
C h p p t n h g n a u q c
g n a u q r o t s i s n a r T
C h p p t n h g n a u q c
M y u h c h c n
g n u x i
t R o u C y d n i L C i b m t n c
m h c m a N







o H p c h t c r t i h K : g n t
h l a i g h c c g n o h k , y a u q s p i u c n
i g y a h g n t o t r v y d S . g n r c c i b m
l n g l a u q i t c s g n t i i g y a h g n m
g n t u i h c y a o x p n i t m a r o t , g n
. y d n u c g n o r t C A
t o D n u i h c y a o x p n i a c s n t y
l d h t c n , o t r a c y a u q c t i v g n c t t i b n h n . e x





4 . 9 . 2 o L ) t n i t n h p i o L ( E R M i
C n n i b m y r t p l c h n v h p s p h y a h h n h c s p g n n d c
b . p c h t c r t g n r h n b g n








o H : g n t
C m i b n t c
o t R
i L
m h c m a N
u C y d n
D g n s g n
i

a
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C i b m n
t c
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r T h t c c p
h s p

b g n r h n B g n
C i b m t n c
l c ( C I H ) E R M p
t g n V
r t i G v c u h t h p i y a h t E R M a c r t n i h o a c g n t c s g n
d c t l g n v o D . n n h u n , y a c g n g n n y u h c o e h t i y a h t t c s g n
c y a u q r t p l m h c m a n a t h n v n l u q t k n n d s i c E R M a c a r p n
d h n u i h c y a o x g n s g n . h n h g n o r t







B y a o x g n s o h n y u h c s e x c t n i b m c g n o r t h n s o s i h c u
i h n t h n h t n u i h n t , s u u a s y r t r o t i s n a r t g n b i n i b c i h k c a
. h g n g n b n
T n g n s a c s n h p y v c u h t s o l r t c c g n t h n v n i a h C .
o l v i t h n v , t c c 0 2 c i o l t M . ) e x i o l o e h t u t ( o l L , c c 4 c a i k i o 0 2 i
c v t m g n o r t g n s g n d g n u x 0 2 a r o t c c y a u q g n v a t h n c , o l n o t c c 4 i
. g n u x 4 a r
o l g n o r T s u i h n t a c s n t , c c 0 2 i g n u x 4 2 t n y u h c c
n r g n o r t v i c y a u q g n v a t h n h t b g n u x 4 h n g n o r t g n u x i n y u h c h c m g n
b h g n g n n u i h n t i g u a s , y c g n U C E n m m e X ( . ) n i h c
o l g n o r T c t n i b m c t u i h n t i o l t m : u a h n c h k i o l i a h c , c c 4 i
r t h g n g n b a u q n y u r t c p i t c r t i u i h n t , a i k i o l ; U C E n i h k c
c g n U C E n b a u q g n h k m g n . h g n
M l u q t K . e x i o l o e h t u t u a h n c h k e x c t n i b m c a c a r u h c
i h n t c , p n i a r t h p i o l t m : e x u i k o e h t u t u a h n c h k g n c a r t h p u n
o l . i y a h t r t n i c a i k i

o L E R M n i b m c i h n y a n n i h g n d s A T O Y O T c : u a s
o L v i t h n o L u i h n t i

c 0 2 0 2 ( c
) g n v / g n u x
o L V 0 ( a r p n i i 5-
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y u q c
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) T / A ( n a i g
y M
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c
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t g n C h k c i n a i g g n u r t g n
y M
h k i
g n
i o h K n
e l R
m
m h c















0 1 . 2 I H N T . I H K Y M ( A T S U
G N )
i h n T n u y d c g n t h p
i h c g n n g n a y a u q c h k i
l h n h c g n n c h C . g n p h p o h c
U C E c g n l g n t i h n n u h p g n i l n u
h k i h k . g n i


1 1 . 2 I H N T . W S N U
T G N C ( G N I H K C
) N A I G G N U R T
t s p h c e x i v i
n u i h n t , g n y U C E c
c g n s h n c x g n d
c m e x n r t v s n P ( . o
v y a h N y a h . ) c h k r t
i h n T n u g n d y . C S I g n h t h n i h k u i
C i b m n
t c
g n u x 0 2
M y u h c h c g n u x n
B g n
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4 g n u x
C i b m n
t c
4 g n u x
B g n
h g n
4 g n u x
M h c v u o
C i b m n
t c
4 g n u x
U C E n
c h k
o L 0 2 i cc o l ( i i ) a r p n o L c 4 i o l ( c i i ) a r p n
o L c 4 i o l ( c i i i n r t n y a h t ) i
h y L p
t C / A
U C E c g n
h n e l R u
t g n c n i c u
i h k h n n u
t g n C b c
s h h n k y u
h n u
B s y
h h n k u
y u q c
t g n C i g y a h c c
i i h k u i l n i h n n u
G R E n a V
C i b m i h n n t
G R E h k
2 1 . 2 I H N T . O H U I ( C / A U ) H K G N H K
i h n T n u h k i h k a r t h p y o h u i a c t p
b h k g n h k o h u i c t g n c y a h t b u i h n T . t y n
g n d g n o r t a l h n m i i h t n i h k u i i h k
h c v , i t g n h k y i c t , C S I g n h t h n i h k u c t
i l n i h n v u h c c c . c h k g n n c

3 1 . 2 I H N T . N I I T H P U
i h n T n u h n y t t i b n h n
r t c c a c g n t o h g n b , a h p n
s , e x i o l o e h t u T u a s h n k y
m n u i h n t o h c n i h c h t c y l
m v p g n i i t h p u i h n t s t o
m m l v t c g n U C E n h n
m h n ( u i h n t t m g n o r t n i h c
h t c n y a h ) h n h l t u i h n t g n
i b g n i r c g n U C E n t .


4 1 . 2 T G N C . I H N N I H K U I I N C I G Y A H C I L N U
t g n C n i n c i g y a h c U C E o h c o b y c g n i l n i h n g n a u s c
d l g n o l i t i u h c u . t t y a h n
i h n T n u y u y h c g n d s c
i v o h c U C E . A S E g n h t h n i h k u i c
c g n b i a h c a l h n c g v u i l d
s u N . u a h n c h k g n x i o l c c o h c m
U C E c g n h n i t g n x i o l y h t n u
c u h g n a n d s n , g n d s c b g n
d h h n m s a l h n c g u i l N . n n u
h n g n a t t g n x i o l y h t n d s n , g n d s c d g n m s a l h n c g u i l
l h n . n
5 1 . 2 C . R G E H K T I H N N I B M
C n n i b m y . R G E n a v g n o r t p l c
h n N t i h n t i b n m C . R G E h k a c
i b v , r t n i t i h n t m m g o a b n i g n g n
c h n n t i h n n i b m l c h k y a h t m m
n n n i b m c t u i h n t c C . p y i h K . n o n h c g n h t h g n o r t g n d s c
c n n i b m i h t h p y d R G E h k t i h n n r t u q g n o r t h n c x c m i o h h n t
c g n U C E , R G E g n h t h a c g n s v c r t c r t c g n h t h t i b n y h n
E N I G N E K C E H C g n o h c o b . t i b i l i
6 1 . 2 I B . R T N
i B n r t n y d c h g n o r t g n D g n h t - L v I F E - c c I F E l n i b m u
l s y d i o l y a h n a m r a K y o x i o l p n h k g n m y g n h k m c b g n a r t c
i b N . y x g n n n d c g n h k g n h k l t i y a h t - i l n i h n n h a c u
h . i t g n h k p
i t v y a o X n y u h c i d s h g n m i k u i h c o e h t i t g n h k p h n h h n h c u
i t b m i p i b g n o r t n g N . F A V c c p n i g n t , r t n c l o e h t t v y a o x i h k , i
g n . F A V c c a c p n i m i g s h g n m i k u i h c c
i i h K l g n t F A V c c p n U C E , n c g n l g n t t h c t m n u h p g n
h h k g n h k p h n i l n i h n l m u m n . t h c t










7 1 . 2 T G N C . K C I K C - N W O D

t g n C k c i K c - n w o d c l s p i t c r t p d y a g n e x n b i n i h K . a g p
n b a g p b m c m n n c o h a g m t g n c , n o t n k c i k c - s n w o d
b v t g c g n U C E n D K u i h n t i i h n T . n D K u y d c g n l m
n c t g n C . t u s g n c g n t i h k p h n h m c y g n l i g c b c t g n C m
m a g o h . n o t n



i G n c i
i t V h c u h n
h h n p
t g n h k i
i r t n
i t V h c u h n
h h n p
t g n h k i
i B r t n
t g n C i h n c t
n t m m l c
t g n C c
h y l p






8 1 . 2 T G N C . N T I H N C C
T M M L
t g n C n c g y U C E n u i h n t c c i
c g n i h k c g n b U C E i h K . g n n u q
c g n h n n n u i h n t c i n , y u
i h k v I F E g n h t h n h n i h k u i g n h t
c o h u i t h n i h n a c y h c t i h n p h t h m i l n . u

9 1 . 2 T G N C . P H Y L C
t g n C p h y l c b t c d n b i n
v p h y l p g n d p p h y l t i b n h n
i h n T . g n h k y a h n u y h c g n d s c
y n i h k u i u
t i h n t c c i l n c m m i g m h n u
i h n m x h k .
0 2 . 2 C . G G N I T N I B M
C n n i b m y r t p l c h n v y m n h t n g g n i t t i b n g n o r t c g n .
x i h K g g n i t a r y g n o r t c g n U C E , c g n i h n t g n d l K N K u u m m n
h t g g n i t n h c n g n m h n m s a l h n m i i .







t g n C c
c i k k- n w o d
t g n C k c i k c - n w o d
n B a g p
C i b m i t n g g n
U C E n c g n
g n M
h P t n i p n
C m i b C A H n
u s p y u q h k t n
c i l i S p h C
c i l i S p i h C
u B n h c g n
g n h k
Lc
u s p t g n n g n p
C n n i b m o a b y g n i b b i h k p n i a r o t s n , n i p t n h p t m m
d g g n i t c i h k y m n h t a c g n g n u r o d g n i t o D . g g n c c g n a t c n
s n z H k 7 x p x i n g g n i t n i b m c o d p n s a r t h p i t t h n o a c c m t
t n s n o l 2 C . y g g n i t n i b m c i m : n t i d g n o r t o a c p n i a r o t i o l t
s . g n r s n t i d g n o r t o a c p n i a r o t i o l t m , g n g n u r a c p h






1 2 . 2 C . B ( C A H N I B M ) O A C
C v u c t K . n y u q h k t u s p v i y a h t s n h n m c C A H n i b m o h t
h n g n i g n a c g n c n i b m u s p t . p n g n g n
C n n i b m o h y l c c g n U C E g n o r t p l c o h , l c h k a r h c t i
U C E h g n a o h k g n o r t p l c i H . h c h k h n g n U C E g n o r t p l n i b m c y a n n
c d c h p g n . n i b
e x i l i h K v h c g n h k , o a c g n m n y u q h k g n o r t p m i g s c m t
n h k h k g n h k l T . m i g g n c p i l n i h n h u x o e h t i n i b s u m g n
n l c g n i o l L c v I F E h k g n h k l t i n i b s h n h c u i s n i b m
i l n i h n . u








2 2 . 2 C . P G N T T U S P N I B M
C p g n t t u s p n h n m c n i b m
( v u c t K . ) p n g n g n o h a c g n t
i g n h n g n c t u s p n i b m . p n g n g n
C i b m i t n g g n
i

n
=

o
a
c

h T p T s n = o a C

t g n C c
d n g n
n e l R
h g n
o b n
u s p d t u
B p o b
u s d t u
g n C
t p c
u s t
du
N n r t p g n t t u s p u h t h n b g n h k o a c n c g n U C E , g n s g n g n
i l n i h n p c g n u c c g n v o b u .










3 2 . 2 T G N C . C H N A H P N
i h n T n u y s c d u i h o b g n
o h g n a h n a h p P T S u i h n t p n i . g n d t
b p c p n i i v g n i h n T . h n a h p n u
s P T S c t n i h k u i u y h c g n d
c i h n t i l n c g n u .





4 2 . 2 T G N C . U D T U S P C
i h n T n u s y t i b n h n g n d
u s p c g n a c u d t h t y a h o a c . p
i h n T u d t u s p u h c g n d s c
y . C S I g n h t h n i h k u i c i v g n o r t u

5 2 . 2 I H N T . I L N I T G N H T U L N C
i h n t c c L u g n t o h p h i h p m h n u a h n c h k U C E c c a i g i g c
i g . g n h c a
i

)
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c i l i S p h C
n g n n g n p
u s p u s p ( p g n t t y u t t t
) i
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g H n i , g H m m
U C E T C E
U C E c c n
i U C E i h k u n
t a g n h c g n
U C E c g n
U C E c g n U C E C R T
U C E c g n U C E S B A
i h n T . a b m c g u a g m
i h n T m c g u b ) A T V ( a g m
t b r t v n i b m c a g m U C E c
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h U C E L u i h n t c c i v o e r t g n h t
1
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2
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3
.


i h n T . b b m c g u o h c a g m
h r t g n h c n i h k u i ( C R T g n h t t
l ) p
i h n t c C n u n t c c l y
i h b m c g u v 1 A T V ( a g m ) 2 A T V
b r t v n i b m c t n i g c a g m
h p v h n h c c g n U C E a u q i i h k u a s , c a . U C E C R T n

i h n T . c i l u l n g n h t h a c c
i g n t a g n h c n i h k u
i h n T n u c u y y l u u m m n
h t m s a l h n m i i t i g c
C E i U n g n t a g n h c n i h k u
U C E c g n .


i h n T . d i l u l n g n h t h a c c
C R T
i h n T n u y C R T t i g c -
U C E c g n U C E n o b g n h t
i b n o h c n i h k u i g n n c h c g n r t
h c r t g n . g n t o h g n a e x h n b t
h N n u i h n t n U C E , y c g n s h t u a h n c h k h n h c u i h c c t o l t m n i h c
i g h n . . . m s a l h n m i i h t m

i h n T . e i l u l n g n h t h a c c
S B A
U C E c g n
r t U C E l i l c
U C E c g n U C E C R T
i h n T n u y n i h k t i b n h n h h t o N . g n t o h S B A g n h t c
g n d i h n t c n i h k u i i l n l m h n u i g m n b h n a h p u q u i h m g c g n
c i h k . t i h t n

i h n T . f i l u l n g n h t h a c c
r T ( S P H R c l u h t i l c l - i ) t n
i h n i h K n t l c y a h t m m
t c g n c h t u q b s t h p y m , p
t u q t o m i h k i g h n c g n h t h a c t
o h S P H E t n i h h n r t . g n t g n
r t U C E , l c g n U C E n u i h n t 1 i g s i l c g n t C S I n i h k u i
t c g n c .

i h n T . g c g n c t u :
i h n t l y E N u a U C E n
c g n b a u q u a s , v g n s n n
v i g c . U C E C R T o









H C G N 3 H . ) I F E ( T N I G N X N U H P G N H T
3 T U Q I H K . 1 .
U C E c g n o h k n o t h n t c n u h p n a i g i h t g n b v a d n i h n t i a h o u
: u a s
- i h n T t u s p u D i o l ( p n g n g n - t ) I F E t u s p n i b m c g n
l u i h n t y a h , p n g n L i o l ( p n h k g n - t ) I F E l n i b m c l u . p n h k g n
- i h n T t u c c g n n l . r t a d n o t h n t c i v o h c g n t n g n h c n
l h n r t b g n o r t u . h n
U C E c g n c i t n u h p n a i g i h t g n o h k h n c x g n t o h c u h c g n
o h r t a d g n t i h n t c c n . n i b m c c c t u a h n c h k u













K C U C T B H T H A C N D G N - I F E














K C U C T B L G N H T H A C N - I F E
L h k c
C i b m u s p n t g n g n
np
B i p u
n u h p i V
U C E g n
c a h K
i n
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T c
c g n
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c i b m n
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m b c (
) g n o r t
U C E g n
c
T c
c g n
c C
c i b m n
C i b m l u l n h k g n
a h K
i n
y u q c
3 O L C C . 2 . I F E I
H h t a i h c h t c I F E g n h t o l i a h h n h p o e h t u t i s p h p g n g n d
h n l t i b n : p n h k g n
3 o L . 1 . 2 . D i - o L ( I F E t u s p n i h k u i i ) p n g n g n
o L n i m o y n h c c g n o r t g n h k t i b n h n o d p n g n g n c
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c g n i h k u a S . g n h k v h k t h u t b h n a l y x c c , g n i t o h c m l , o o m
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t g n c o d b c i l n i h n m b u c g n o r t n l o n i b m l u u q t K . t b n v i g g n
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i . c c t t t b n i h k u v g n c g n U C E g n b ( c t n i h k u i i e l r ,
i v b n i h k u i r t n i l n i h n m . ) u
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m l n u h p i V n , t n i n a v i o l t n u h p
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n u h p i v h k g n i v n a i g i h t h n c t g n c g n b h c g n h k n i h k u i c i
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4 T 1 . 4 . i h n g n h t h v t u q g n i l n u
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: g n v
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. 1 h c g n h T i h n a i l n u ; . 2 L h t c i t m B . 3 ; ; n v p . 4 L t c i h n ; . 5 i h n g n n
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c b a c t i t i h c c c a . m


L 5 . 4 h n H i h n c i l n u

1. N c l u b p ; . 2 v u d g n o ; h P . 3 i h k u a s u d a h c g n B . 4 c l y i g n
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n v g n r c i a y d y a h h c x , h c x g n r h n b , ) g n i l p u o c ( i r t i b c b n g n
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t u s g n h n r t . b g n i g n v g n n d g n h t


h n H 4 p o a c m B . 7 .


r T . 1 h T . 3 ; m t h c l m a c a . 2 ; g n n d c h p h n b n v m b n o t s i p i . 4 ; m
u B h c g n c h t a h p h n b n g n n a V . 6 ; t h n a V . 5 ; m m T . 8 ; x n a V . 7 ; t
i l n i h N . 9 ; m n g n n o a c t u s p u r t . 1 1 ; o a c t u s p n i h k u i n a V . 0 1 ;
. 2 1 ; i b n a V . 3 1 v u d g n i h n g n i l n b t u i t m n a n a V . 4 1 ; n v p
. 5 1 ; n o t i h n g n i l n u u s p p h t t a b n m


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r T . 1 g n n d c ; . 2 m t h c l m a c a ; n o t s i P . 3 m b ; t h n a V . 4 ; n a V . 5
t o h t . 6 ; C v a o
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u s p i h k y a g N v i h p n h p t h t c m u q t s n o t n a n a v t u s p t b x
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u b b g n y u h c n o t s i p m i n , m h g n n i h k i l g n p n n a V . g n u x g n
t a u q g n a g n i n o t s i p v h m i t i h n p h p o h c n i l n g n u b g n o r t u
v i o g n a r t o h t m b l g n t t u s p . i h p n h p t u s p i s o a c n n a v m

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d . o a c t u s p u
i t m b n o t s i P i h n i h p n h p c t p i l n m i t n n i h k n o h c u
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p o a c m b o D l i h p n h p h t c k t i h t c i h n g n i l n l u n
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b b h n a l y x i a h c o h t m t . m
m i h K b h n a l y x 3 g n o r t t b m l m i g c i v n n d s a r i o l i h n g n n
li b u m b t g n c i V . i h p n h p g n n o h c i g h c c g n b n i h c h t c
t h n a v i l m i h t g n r t t n . c
g n d d i o n e l o s n a v i h K h t t g n h p h n b n m t h c t m , t o h h c k c
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c y n h n a l y x b a h t g n h k m n n b n c b n n t u s p h c m i l r t y
h t b h n a l y x t m i V . p b m h t o a c t u s g n c n c g n h k i h k b i o l b p o a c m
c g n u c n c g n h k i h n p i l n i l u t n m c . n o n i g p c g n u c
h p n h p p o a c m B l i i h n g n i l n V . n a c y a u q c t i v l t u o d
m l n , h t c m c g n c t a u s g n o r T . r t u q t t , n u h p h n s
y u r t n h t t m t m o h c o a s h n t c l i h n g n i l n m u c g n u c n u q g n h k p
l y c c , c h k t m , n c u i h n v u i l n v u n c n p t o h h c t u s g n o r t g n
T . g n t o e h t y m u u h k c r t c t l l p h n y u r t s o h 2 : 1 . 3 : 1 c
i n a V . b ) e v l a v l o r t n o c e r u s s e r p ( t u s p n i h k u
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u s t p h h c h t t t o e h t y c g n a c i r t y u d v , n c m . y

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- N h t p h t u q g n g n o r t t u s p u n a v i s t u s p n i h k u
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h t w o l ( p . ) e g a t s e r u s s e r p

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; i L . 2 ; i b n a V . 1 c m a N . 3 i m h n ; o x L . 4 ; M . 5 . n i h c
i n a V t u s p n i h k u l g c y a h p o a c m b n . i h p n h p g n
v u h k h c c n g n l t m , p h t t u s p c v u h k i v o a c t u s p c p h t i n a v y
v o v i b l g n d c t c l 2 C . n k g n r t l : p h t i l n u x y c d g n i b i
l v o x l r t i b m h N . t n i c i g v n l , t i h n i p h t i i h n c i l n o a b u
. h n a u q
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- g n V i d n i g n b m h c g n p n i h k u g n h n h c u i
u s p b g n u r t t r t h n g n o . g n
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. t u s p a c n l g n
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t y a h b a c a r u i p o a c m l t c i n a v n t u s p t m t u s p n i h k u
o a c l c a h c i h K . i h n a c c l , t n i c i l n l g n d c t o a c t u s p u o x l n
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o x u h c h t c k t i h t c . r a b 0 0 1 g n o h k t u s p c

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l , n l g n t o a c s t n i c h t g n c a r o t c l o v m l a c c i h K . o x
s n a v v i l g n u d t u s p o d c l i h k n o h c g n i h t g n r t i g c
m l a c c l i v g n b n c a h p t l v o x c a h p t n i c l n n a v , u a S . i
s v m i h t g n r t m r t y u d b i h K . i g n h k t u s p t y a h t m l i g n
i l n i h n i h n y a h i h p n h p u i l n h t o a c t u s p h c m g n o r t i t m b u b c
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. c i h n r t g n i l n ) i h p n h p g n ( o a c t u s p u
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s i g o c c n i h n a i l n i h n t u s p . u i l n u c b o r t t u s p n i b m c i n
v i h p n h p g n r t y u d c b p n h i i g m h n t u s p n i h k u i n a v i
u s l a i t t . r a b 0 0 5 1


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. 1 . 2 ; r t g n v u d g n t o b C . 3 ; p o a c m n i b m u s p r t t n
. 5 ; t u s p n h i i g n a V . 4 ; r t g n l t y u t L . 6 ; v u d g n ; u . 7 g n
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t p o a c s a r o . g n a c h c t h t i b ) d e p m a d ( n h c m i g c

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l n n t , o D t m i h k c y a g N . ) l i a r n o m m o c ( g n u h c g n g n
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i h i h n i h K . r t h c t u q u i l n h t a r n u h p g n i h k i r u u s p g n o r t t c h t t
b i h n r t h c t i l n n v o a c t u s p u r t y u d c g n h k t u s p i y a h t S . i
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g n d i n n u h p m i k c C . n u h p m i k c c a u q n h t y a h t y c n u h p m i k g n T . h k
t h n c c g n o r t h k c n u h p m i k c g n i l n i h n n u h p l e s e i d c r t u i t b c c , p
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; i n a V . 9 n o t s i p n i h k u ; L . 0 1 m i k u o h c u d p c ; . 1 1 m i k u

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. n u h p m i k h n a c g n c c





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u b h h n y i h c h c t h T . y h c g n i h n n a i t l n u h p u i o l i v o s u

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u s p h g p l n e R . 5 ; t



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s . r t n i u c h c m a c h t n i i y a h t s a r y g r t n i i y a h t
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v ) g n V 5 . 0 n i h c y u h k h c m i b i h c y u h k c - . V 5 . 4
i V l g n a c t u s p c x h n h c h c c t m t o s m i k c i c u b t b u
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i g n a V . g ) e v l a v r e t i m i l e r u s s e r p ( t u s p n h i
V i g n a h n g n n c h c c t u s p n h i m o t n a n a v t r t g n o r T . n g n
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g n o r t 0 0 5 1 g n o h k g n . r a b

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M . 1 p o a c h c ; n a V . 2 ; L . 3 u d ; n o t s i P . 4 ; o x L . 5 ; . 6 ; n a v n h T . 7 ; . 8
v u d g n


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. 1 M g n n u d h c ; g n V . 2 m ; n o t s i P . 3 ; o x L . 4 ; n h T . 5 . 6 ; M u d h c
m i k n . 7 ; M n c t . 8 ; i t n a V l t u


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g n o r t v ) o a c t u s p c ( g n i v t b i o g n n e r i v t b n u d g n
m c n a V . n u h p m i k t v g n i v i n u i m i t u d n d g n v i g n
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5 1 . V G N C I H H T H C H N A H P G N C B G N G N
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m e t s y S - H . S B A h t h c y n g n i h g n t n b g n c m h c g n b e x h n b a g n
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k , n i h n c t c u c c l S B A a c n k g n o h , h n t c n i t g n h k g n g n h k v y
c t g n m g n o r t h n a h n u h h n t i i r t t h p h n r t u q g n o r T . g n S B A , n
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a r ) p i h c o r c i m ( h p i g , i h t l S B A g n n n i t u l c m n o v t n r t p
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o v a d g n t g n h n s a t o y o T y t g n C . s 0 7 9 1 m n g n d l g n n n i t u
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u b t o h c c c t o l c c t e x i m , i s t l u d e x h p o h c v h c l n o l c c n o h e x i t
g n h n c g n v g n , g n b g n y u t d t r t n r t H . t h t h c g n h k S B A g n
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i t m l y n u m h c v o a h n h p t u s g n c n c t a m v c g n h n t t n h n
y u h c n c g n . t a
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h n ) n o i t u b i r t s i D e c r o f e k a r B c i n o r t c e l E ( D B E h p n h p m u s p i d t h n a h p u
h h p e x h n b c c n v p h c c c i t r t i h c v g n h c c y . e x a


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l m h t g n t m l ) m e t s y S t s i s s A h n a h p c e x h n b c c g n u q c g n
g n l h n a h p h n n r t g n o r t t h g n h k h n a h p p c n H . p h t k S B A g n h t v p i
h h t g n n b t h n i g n t n h c g n h k , ) P S E ( d c t c k g n o r t g n d i h g n
i h t n a c n c m , e x c o v p t h n r t u q t g n y u h c v c n c g n v y a u q g n a
i h o a c g n n p i g , t u s u y u h c t n c g n m g n o r t t a r t i h g n . p
v , y a n y g N s i i r t t h p v n b t h v c r t r l t c n k a u h t i t t n ,
c i h n g n a i h k u t n h p c c v g n m n l , n o t h n t m c h n r t p m c h n
c n i h g n p h p o h c o v a v u d g n i p h p g n h p c c g n i h k u m n i
i h n S B A g n o r t i h k u m n i , i h k u t , h n i m g n h t n r t u q a h u i h n i u
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I D N E B , O S N E D , N I S I A , H C S O B h n y t g n c c C h n l X i y t g n c g n
i v g n o r t u c n i h g n c c , u i t i h c v n t h c c o h t . t o h c S B A g n

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- i i h k u g n o e h t n g n r t h t t d V : ) e d o m w o l s ( p e x h n b c c i h k :
h p v i r t h c i h p c c n r t y n h c g n s h c U C E . u a h n c h k m b h t n i
i b m t b u c m h c g n h k c e x h n b a h t m b g n n , p i i h k u p n
u s c o h c g n u h c h n a h p t c l , y n c L . e x u h n a h p c c c b l e x h n b , u a h n g n
b r t i g h n h c g n l c h n a h p c c c i h c e x h n b a s h t m b n b e x h n B . p
h p n h c g n s v o a c m b n n c n g n v g n o r t m n c h n a g n c
r t h n t l v t a h c h n a h p c c t c v V . i h n t o h c y n h c c , y n , o a c h n
i h g n h n u q u h t h n a h p l v p h n h n a h p c .
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h k c e x h n b b o a c m b g n n c m h g n i i h k u c o h c g n u h c n c . e x u
r T e x h n b , c h p n h c g n s h t m b p b c m h p i h k g n . h n a h
i h o h c y n h c C u q u t v o a c h n a h p d n h g n h k t c m b g n n , e x h n b c c a
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m n r t e x h n b i a h o h c c t c y a h u m o e h t e x i h n t t h t c , g n u h c u o e h t
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u q v h n a h p n h p h n a h p i h k h n u h t h c c y i v o v u l c h c a s n n h p
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l t h n a h p c S . e x h n b c c i h t n m a h t g n h c i a h i i h u i t u q u v h n a h p
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l . p
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e x h n b c c , y n u t c i h g n h c u l h n u l o h c o a s h n a h p c n n g n o r t m
h k c g n v c m b g n n c i h n n i u q u l l h n a h p h n n i h k n i h n y u T . t
n r t h n a h p h c g n s h p v i r t m b g n h k i s e x y a o x t n e m o m h t u r t
l h t c h k v n r t y u d n h h n b g n i h h c c g n h c u . i l y a t h n n h n
v y a u q i h k c g n i g g n i h n m v V . u v y c y n n g n h p i h p n b i m h t r t
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b n h p h n h c h n a l m o h c r t h n b t m v c 4 c S B A . ) u a h n o h c u a s h n b t
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r h n a h p h n i h g n h n o a c t u q u l h n a h p h t i . p
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h n r t i i h k u c n h a h t m c i h K . g n l t i i h t h p c h h t n h t S B A g n
g n c v t o h c o b c g n S B A o b n a u q g n h t i l i b c . g n s t
M t n i l n o t n a h c i t s m i g c N . u c c a h n b p n i u h n p n d i
m i u q c d ( h n o h 9 i h h t ) V 0 1 c h t S B A g n g n c o h c t i i h k n p n
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i k y n h n r t u h C . ) t n e m p i u q E t s e T n I b e x i h k a r t m t h c u v y t i c t 5
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i v o h c p i g i k c s v a r t m h c a a , c x h n h c v g n h c h n a h n c
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l u l v i h g , S B A l c c i h h i g n b g n o r t h n d d i l m c c g n h h i . g n
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h n l m g n t g n h k i a x k c c c o h t i h k r t g n o r T . u c c a h n b c h g n p
s i h k u a s , y n h c a h p g n o x a i t i l m a x h n h n h h i c h n r t i u q o e h t g n a
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c h t , n a v a i h c k u h c c c n i g , g n t v i g u s p m t i v m l h n a l y x c c c
i g , e x h n b c c b g n h k e x h n b o h c c b b g n i h n t c c g n i u i a h C . n
i p h p g n h p i h k u i : n i h k u b n c g n g n g n d i c n p n a v c c n
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m c i n a v a . ) n
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v t i o l g n i v g n h n , e x i i c i h k u t n c v e x h n b c c b c h n l n
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s i d o e h t y a h t v i t c c n , e x h n b a h t u c y i g n u s p m h t m t
d s n h t u i i h k u i g n i t p m . p
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B h c h t h n h p l y h n h ( c 5 h c c ) 6 2 . c g n u c g n n c m p u s p t d t u
t u i s o e h t e x h n b h n a h p h n a l i x c c n i i h k u c n h n r t , U C E S B A a
i h t n b g n c b . h n a h p i h k e x h n b g n











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i n a V / a t n : i n a V t n b g n o r t h c o l i a h c h n h p o l , i v 2 i v r t
v 3 C . r t t u c g n u h c o m a i n a v t t n g m c m t u c i y d n , n a v i l , n
c c c m n a v v n a v a i h c t i n a V . u t n h c c m g n g n n c c c c n a v a
s o e h t i i h k u c n U C E a i h c u u s p h n d t u . e x h n b h n a l y x c c n
i r o t o M / b d m b v n : u M d m b t i k u n o t s i p u d c n b g n i
m r o t o m t i h c c , n g n a g n n c d c t u v p h c t h n b h n h c h n a l i x
h c c c g n o r t i g i g v m m B . p u b i a h a r a i h c c i v m l g n c l c p
h p v i r t n o t s i p i a h a u q g n h t i i c i h k u b n l m a c g n n a v c C . m t h c
m i h c t h c u d g n d o h c t i u b v m . h n h c h n a l y x
: p h c t h n B / c h C d a h u v i t h n , e x h n b h n a h p h n a l i x h t t m l i
i g u s p m d t u . e x h n b h n a h p h n a l i x
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l n c n a v i i i h k u n h t g n v v , u a s h n b i a h i h y h t g y n g n 3 S B A l i
L . h n k d v y o h t c g n m a r t h n b t h n h ( c 5 . ) 8 2 .


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h t h n b h n a h p i h K / a g n h k S B A ( o h g n t ) g n
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o h g n h k S B A , h n a h p r y a h t g g n h k U C E v g n g n d i i n u c n y d n
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c i h k g n o r t v B a D . g n n t h n a h p u c a u q h n h c h n a h p h n a l i x A a c n a
i n a v g n o r t C v 3 n r r t t i D . e x h n b h n a l i x i o v g n h k h n a h p u m b c
b m n a v i i h c t s u g 1 m g n o r t n h n i h K . m b h c d , h n a h p n h c h h n a h p u i
t v e x h n b h n a l i x a u q h n h c h n a l i x c C a c n i h c 1 n a v v A a s u 3
i n a v g n o r t v 3 n . r t



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h t l y i c i h k u i g n s p m u d t d c t h n a h p u o e h t e x h n b h n a l y x n l g n
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v 3 n a V y u h c r t n c g n n r t a h p n l g n m m l v A a c K . B a u q t l
d t h n a h p u c a u q e x h n b h n a l i x t C a c i i n a v g n o r t B a v 3 n h c v r t y


v c l g n C . p h c t h n b o h m b r o t o m t h n g n i h n t i u t V 2 1 p n
g n t h , U C E d c t h n a h p u v p h c t h n b . h n h c h n a l y x

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i c h c u b h n l h c c g n l p h c c c i i g i g v p m . p
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c , g n t i b m t n c g i h n t i r o b u t g n c e x h n b t r t i g n g n o m
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i g u x ) p m ( A 2 n c g n h c i g l ) p t c c g n o r t a r h n i s u c y d n g n
i g i n a V . m v 3 n d r t y u h c h c u x n v g n i g r t h n a l c c h o x l a v i
c m l c v A a B a d m b y n c L . g n u v u i v m l n c n . c
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t l o l h n a h p c g n U C E , n g n d t i c g n h k , n u c o h c p i n a v y d n V . n
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h c h n h c h n a h p h n a l c a u q y i n a v g n o r t C a v 3 n r t , e x h n b h n a l i x n
m c u s p g n t d t u i c i h k u h c c c n t i g v g n . p
v h N h i h k , y h t i v m l S B A g n s e x h n b , c i h c t n h n g n h n p
s c v h n a h p i h k g n u r h n g n c , e x a h t g n i n b s c h n a h p p g n u r
d o d g n h h n a h p u v i t d m b r t c c l y . u h t h n b i h t g n i h k g n
i v m l S B A . c
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i k y a n i n a v u v i a h n r t s c d h p g n i b H . n h n h n 5 s l 2 3 . b
h c s S B A h n h p d i n a v 8 g n v 2 n g o a b , r t i g n a v 4 m u s p n a v 4 v t
i g o H . p m t b c g n c n b a h c h t h n h p l y i k c i g y n u i k h n g n u
i n a v v 3 n i h n T . r t i u i h k u t n U C E i n a v c c n d n d i i g n n
. p

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u s d t i g u l , m d c t h n a h p c s e x h n b n l g n r t h n u q n n . i h h n r t n
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t r t e l n r o t o m b u k t i i k u o n n h t g n h k n r t . n m a
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o h h c k U C E S B A i n a v t h t o e h t m b t m v n t i k h a r t m
h t i g n c n h C . S B A a o h y n g n n c t t i h k g n c l e x v h / m k 6 n h n i
t h n a h p n h c N . t o h t m g n l t m u a s n l i b n i a h k t . n
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i g t m c h c c n o n i b m i g n t m . c
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h n v t c g n l m e h n i i h g n u q u l h n n s c n r T . t m h t h t , S B A g n
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r c i h n t h c u i v u g n n c h c g n h k , t d c t c i v g n o r t g n i g c t m c y a h
d i h t n a c n c m , e x g n c p h k h n r t u q g n o r t i t g n t v g n c c , t a
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e k a r B - n o i t u b i r t s i D e c r o f h v ) D B E h t r t g n l h k h n a h p c c n e k a r B ( p
m e t s y S t s i s s A . ) S A B
- k S B A h t v p h i h t i k g n l t o s m y a h ) C R T ( l o r t n o C n o i t c a r T ( o k c
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m a r g o r P . ) P S E
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i b a T r t l g n t l h n a h p c g n h p n h p c i t e x h n b c c l v s i
b n h p t r t i d c t g n h P . g n h c n l g n l n c e x c c n c g n t a h p
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r t i g v c i m v V . u a s e x h n b c c l y h n a h p c c u a s e x h n b c c n
n h p c h p h n i v o s n h r t h n b i c h c i h g n t n s g n b m c b g n
t c e x i h K . e x h n b t h t i r t i g n v , n l g n t u a s h n b c c v c y c g n h p n i
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i g n a t m n v , t x t n c n t n i n a v i l a h u b h n a h p c M . h k c g n t
r t h g n n p t , g n v y a u q e x i h k l a r t i c g n t g n n l g n a h p e x h n b c c
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m n r T s t i h e x i n a v c c , y a n n l a h u b h n a h p c h k c g n c
h t y a h t b m i h t h t h p n h p g n l i b h n a h p c i g n t n i V . ) D B E ( n h p c
h p l i b h n a h p c i g n t n o h c y n i h v c x h n h c u q u . n h o a c


r t g n o r T h g n h k h n a h p p c n g h n p h c p g n g n v i t g n t , t
g n e x i l i - i b c h n l t g n g n i h t i h g n h n i k u i h t , m , g n a m g n a o h g n
h p n k g n h k g n h t p n n i n b n l n h c p g n h k h n a h p p m o d , h n
t g n h k o l h n a h p c d . e x g n h t g n l i d c t c c g n g n a n l e x i l i
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c h n h c i b n t t c l v d c t c n b n l g n c h n a h p p g n a m , e x i l i h t
h t r t g n l h k h n a h p c c n s ) S A B ( p t c g n u c g n m m h t p l t h n a h p c
l i h n n h n v o s u l i g n o d h n a h p c t i l i a r o d g g n 3 ( h n H . e x p - ) 4 3
l h n s o s t h n a h p c a r o r t i a h g n o r t h g n r t c g n h k v c p l h k h n a h p c n
c . p
h c C h t S A B v D B E g n i h t c k t s c n r t k h t v p h i h t g n
C . S B A t u c o c a h h t c g n g g n c 3 m b m h p c h n h n h c n h a h t g n
H . S B A h t i v m l D B E g n c c d g n h n t c c n r t a i c o v u c h n S B A a m
i b t n c c , e x h n b i b m i g n t m c , c i b m t a i g n h c v , g n a g n c g n n c
x c l . U C E a

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m i k i v t c e x u m , u u h c a c t i b m t a i g n c g c b g n o r t n u r t l c
t a i g o , g n h k n h c c c c a n h n h c h n a h p h n a l y x y h n i b n r t t h g n p
g h n a h p c o h c y a h t p i b m u s p n d t S . u h h t k S B A g n h t v p c c i
h h t h h n S A B v D B E g n h n 5- h t v 5 3 i h c n h t g n h c c c i : u a s g n n c
H h t m l S B A g n i h n v m h c i h g n t n c m h g n i h k e x h n b g n
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g r t g n o r t e x p h g n p p h k h n a h c n . p












h n H . 5 3 . 5 S h h t v S B A g n . S A B v D B E i
S o h t c g n b a h c h t h n h p l y h n c ( h n h . 5 6 3 c , ) t g n t g n
m h n b t h c h t g n h t h n h p o l g n i n a v i v i a h n g , r t i g n a v 4 : m p
i g n a v 4 , ) 8 , 7 , 6 , 5 ( , 0 1 , 9 ( p m d m b c c , ) 2 1 , 1 1 c n c a r i o g N . p h c t h n b , u
c n a v 2 m h t d t h n a v i a h v ) 4 , 1 ( h n h c h n a l y x t s ) 3 , 2 ( u d r t g n o r t g n l c
h k h n a h p c n . p



















h n H . 6 3 . 5 S o h t c g n v S B A a . S A B v D B E i
o H t c g n v S B A a D B E i
D c c n r t a i h n t h n u n t c c 4 i b m t n c H . e x h n b U C E p
t n o t h n t c s v i g t m c t r T . e x h n b g n h g n b e x h n b p m h
c r t v g n h , t s U C E p i i h k u i g n a v c c n i g v p m i p h c u p h n
u s d t c g n u c u h c 3 o e h t e x h n b c c o h c p i g i g , p m p g n t v p
i g h g n o r t h n g n h t h t h n b S B A g n . g n

B 4 g n - : 2 h c c C o h t c g n h a h t v S B A g n . D B E i




















B 5 g n -3 : h c c C o h t c g n r t a l h k h n a h p c c n . p














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v t i i g n i k u i v m l n b c i h c c g n h c u t n i l h n . c
o H t c g n h a h t r t g n l h k h n a h p c c n p
M u s p t d t u t c b o d m b i b g n o r t u h c d t h , h n h p t u y x
c v h n h c h n a l h t p g n u s p A . e x h n b n o c h n a l y x c c n l y n t i h n n h n u
v o s u s p i t t c b o g n o d h n h c h n a l y x i d c t i l i k , g n u q t m l t
l l h n a h p c n c g n u c c . p
5 K S B A . 3 . 7 . H T V P H I H T L O R T N O C N O I T C A R T G N
) C R T (
h c g n s m b h t b c c , p h c e x h n s g n d b r t y a u q t
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i g m v e x h n b a t m m l , ) g n h c t n e m o m t m t
b e x v g n m t n . h n h k h p c i h c t n h p , y n g n l n x c c n y g n e
y a n b g n a r t c m h t h t i k g n l t o s m h t , o k c g n g c h l i h t g n
m e t s y S l o r t n o C n o i t c a r T ( C R T H . ) C R T h t y n g n i h t c k t d c n r t a
s m h t h t i h c i h K . S B A g n t n r t g n c y a u q t h , e x h n b a h t g n
s n o i t c a r T c h t g n c t i a h i m : g n i g m l l t o x t n e m o m m c n a g n
b c b g n h c c g n b h n c t h p g n h k m a g m u h t o v c c h n g n a i
k n c l g n c l i a h , i l h t v p h i h t i S B A g n i h k u h n h t h n a h p g n
c t h c e x h n b c c n l g n v v , g n i g m l y m y u r t o k t n e m o m n m n t
t g n m i r t i g t h h p h N . p h t c e x , h k t g n t v h n h i m c h c c t
v g n h c h n a h n n . h n
H h t i g n i h k u h i a h ( U C E S B A v U C E C R T l n i p i h k u c y n n
h t n r m o h , u a h n i h h c t c l p m h n h t i h t g n u h c p h p h n l n e x c c n
i h s g n a y a n n d i i g h n U C E S B A & C R T . ) g n i k u y u h c n n c g n a
d e x i h n t n r t a t u c c c i b m t n c r t d , u a s v c i h n t o v a v u r t
b t a g m h i p i h k u n h v ) U C E ( c g n i p i h k u h n s p t g n
r ) T C E ( g i i h n t i i u i h k u n b n h c b h n c h n h p h p a g m b v
h c g n c l g n C . C R T h n a h p h n h p i h n t i u U C E n T C E v c g n
o h g n a C R T o b t . g n







C T U O H V O T C G N H P C C A T N H G N O R T
H T C R T + S B A G N
b c C h p c n h a h t g n y n h n h n r t y b h n r t c 5 7 3 .
















h n H 5 S 7 3 . b h r t h t C R T g n
H h t g o a b C R T + S B A g n : m
- U C E C R T v S B A i i g h n : i k u y u h c n n d g n i h n t n r t a u
t c i b m t n c r t d v , u a s v c i h n t o v a v u b r t t a g m U C E g n
r c g i i h n t i i u i h k u n b n h c b h n h p h p a g m b v h c h n h p
g n c l g n c C R T h n a h p i h n t i u U C E n c g n r o b o h C R T g n t
N . g n h u h t h C R T g n b n , g n C R T n t g n o h c o b i b i l i i h K . t
t h c h c n , n o n i h h t n h h c c b g n s m g n .
- B h c b h n h p h p a g m : i i h k u m c g n b h p a g m n t o e h t
i h t u U C E v v , C R T v S B A i y i h k u n u s g n c c t . c g n
- C i b m v n b : h n h c a g m i h t h P m c g n b g v h n h c a g m i
i h n t u U C E n v S B A U C E a u q g n h t C R T . c g n
C R T & S B A
U C E T C E v c g n
Cm i b t n c u a s h n b
c o t R i b m n
t c u a s h n b
t g n C n c h n a h p
t g n C h k c i g n
s n a i g g n u r t
B h c h n h p
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b e l R C R T a g m
c o t R i b m t n c
r t h n b c
C R T h n h c h n a h p e l R
C i b m t n c r t h n b c
B h c b h n h p m h p a g
C i b m v n r t
b h p a g m h n h c
B h c C R T h n a h p h n h p
B h c S B A h n h p


- C i b m v n b h p a g m : C i b m g c y n n v n r t i b c a g m
h p i b N . n m c g i b h p m i h n t h n h t i u g v p n i h n t i y n u n
v T C E U C E a u q C R T v S B A U C E . c g n
- U C E : c g n h N i h n t n v u b r t h p a g m r h n h c v g i i n
U C E . C R T v S B A
- B h c : C R T h n a h p h n h p T c g n u c v h c t , o u s p p d t u b n
h c i h n t o e h t S B A h n h p t u . C R T v S B A U C E
- B h c : S B A h n a h p h n h p i i h k u u s p n d t u h n a l i x c c n
h p n b u a s e x h n b h n a h p m i r t v i c t r g n i r h c i h n t o e h t t u U C E
. C R T v S B A
- : C R T o b n g n o h c o B i b i l i h t h t o h g n a C R T g n t v g n
g n o h c o b i b i l i h t h t h h c C R T g n . g n
- : F F O C R T o b n g n o h c o B i b i l i h t h t o h g n h k C R T g n t
h h o d g n r t g n h y a h S B A g n o h t i g n i h k u n t g n c y a h , c g n c c t
C R T t . t
- : C R T h n a h p h n h c e l R C i p n b n h c r v C R T h n a h p h n h p
. C R T t m e l
- : C R T t m e l R C i p n . C R T m b t m n
- b e l R : C R T a g m C i p n b n h c b h n h p h p a g m a u q
U C E . C R T v S B A
- t g n C h k c i s g n : n a i g g n u r t G i h n t i v u c r t s n U C E n
. C R T v S B A
- t g n C : h n a h p n c i h t h P i h n t n c ( h n a h p u y a h h n a h p p
g v ) g n h k i h n t i y n u U C E n . C R T v S B A






h n H 5 8 3 . . S m i h c h n h t h n a h p g n C R T + S B A


B h c b h n h p h p a g m
B h c y n h n h p g c n h i N . i g g n i h k u m c g n b a g m
h p t v v C R T v S B A U C E i y i h k u n u s g n c c t . c g n








h n H 5 9 3 . .V b r t h c b h n h p h p a g m
C t u : o
B h c b h n h p h p a g m g m m v m h c m a n t c h n m , u u c t v y d n
m r t t B . o t r c h c m l y n h n h p b t m t b y a u q n , c i h n t i t u U C E
M . C R T v S B A h c g n r h n b t g n g c t n r t o t r c d n h n b g n
g ( m a c g n r n r t u b c h p a g m v v , ) i y u m c g c b a h p a g m .









h n H 5 0 4 . . C t u b o h c b h n h p a g m
o H t : g n
- o h g n h k C R T i h K t b , g n m y n a g m . n o t n o h
d g n r h n B n g n
B h p a g m
B h c b h n h p h p a g m
m a c g n r h n B
B h n h c a g m
u C y d n
d g n r h n B n g n
r T r o t r c
v m h c m a N c h n u



h n H 5 1 4 . . V b r t h p a g m m n o t n o h
- o h C R T t c g n b c b h p a g m m . % 0 5






h n H 5 2 4 . . V b r t h p a g m m % 0 5
- o h C R T t b n o t n o h g n h p a g m . n o t n o h g n






h n H 5 3 4 . .V b r t h p a g m n o t n o h g n
C i b m v n b r t h p a g m
C i b m y n n g c v n r t i b c h p a g m i b N . n m c g i b m
h p a g i h n t h n h t i u g v p n i h n t i t y n u U C E a u q C R T v S B A U C E i
v T C E . c g n


u b n g n
k n h p
B h n h c a g m
B h p a g m
m a c g n r h n B

B h n h c a g m
B h p a g m
g n r h n B m a c
d g n r h n B g n n









h n H 4 4 . 5 C t u c o i b m v n b r t a g m
B h c C R T h n a h p h n h p
C t u : o
B h c g o a b C R T h n a h p h n h p m m c t m b m t u s p a r o d t v u
m b t h c h n a h p h n h p u r t y u s p n d t t u x v i h k a r h n a l i x c c i
h n a h p u s p . a d t c h n a l i x c c g n o r t u h p n b u a s h n b a i r t v i i c u
i h k r g n i r n b b i h c i h n t o e h t S B A h n h p t u . C R T v S B A U C E
C C : m b m g m b m i t i h c c c m : u a s t
i t i h C t h C g n n c
B m
d t H t h n a h p u d h n b , h n h c h n a h p h n a l i x u
u s p g n t c t a v n a n h c t h n b n l y . g n
i k m b d n o t s i p u n b g n . t m g n
n h c t h n B g n
d h c T b h n a h p u b n n c g n u c v m b i t p c c i
o h h n r t u q g n o r t e x h n b h n a l i x t c g n h a th g n
p h c t h n B . C R T i c N h k n
2
p o a c l b s i
y a h t h t i d h c t . h n a h p u








i r t n
M
g n
i t a i p 2 L D I m
i T i p i h h n t o h c m L D I u
i T i p v o h c m n t r t
i h b u a g m












h n H . 5 4 . 5 C t u c o m b m
B h c h n a h p h n h p
B h c g h n a h p h n h p i t i h c 4 m : u a s t

i t i h C t h C g n n c
i n a V c n h n b t
g n n h c t
y u r T u s p n d t t u n h c t h n b g n c c n
h h n r t u q g n o r t e x h n b h n a h p h n a l i x h t o h C R T g n t
. g n
i n a V c n i x t
h n h c h n a h p h n a l
u s p i h k d t n h c t h n b g n o r t u g n y u r t c n
t h n a h p h n a l i x i i n a v , a d o h c g n h k n g n y n n u
h h n a h p v i n a h p h n a l i x . h n h c h
i n a V c n h n b t
du
h h n r t u q g n o r T h t o h C R T g n t i n a v , g n n
h y n d i t h n a h p u v e x h n b h n a h p h n a l i x d h n b u
c . h n h c h n a h p h n a l i x a
t g n C u s p c t
c y a h i b m p n
u s t
u s p i d o e h t n h c t h n b g n o r t t g v g n i h n t i u
n y s U C E C R T v S B A U C E n i i h k u o h n t
c g n s c n r t m b a c i h n t a . y n u

o H t : g n
- h t h n b h n a h p h n r t u Q o h g n h k C R T ( g n t ) g n
T c t i n a v c c b g n o r t n h c C R T h n a h p h n h p t u i h k t . h n a h p p
u s p t i n h K o a c t
D h p u h n a
C R T t m e l R
n h c t h n B n g
m b v t M


i h K v h n a h p p h i h t C R T g n i g n o r t i k u u s p , y n n d t a r h n i s u
d c t h n h c h n a l i x g n o r t i n a v a u q e x h n b h n a h p h n a l i x c c n l g n c n i x t
i n a v v h n h c h n a h p h n a l v a b n c r t b a h c h n i h K . S B A h n h p , h n a h p
d h h n a h p u t i v e x h n b h n a l i x . h n h c h n a h p h n a l i x

T i t i h c n t
n a V
i n
n a V
i n a V c n h n a h p h n a l i x t
. h n h c
Tt M
i n a V c n n h c t h n b t g n Tt g n
i n a V c n d h n b t h n a h p u Tt g n
i n a V v 3 n S B A r t T ) A 0 ( t C m A a c , g n B a



h n H . 6 4 . 5 S b h c b h n a h p i h k C R T h n a h p h n h p h t h n g n
- t h n r t u Q t g n o h C R T ( c t . ) g n
& S B A
U C E C R T
h c h n B a
i n a V v 3 n
S B A r t
C B a
C A a
u a s h n b h n a l y X
i n a V c n h n b t
h c t ( a ) t
n h c t h n B g n
m B
C R T
t g n C c c i b m n
u s p t
V i n a c n h n b t
t ( g n n h c t ) t
i n a V c n y x t
h n h c h n a l
t ( ) t
S B A m B


N b u a s h n b u r t t h n r t u q g n o r t y a u q t t g n U C E c s C R T v S B A
i i h k u o x t n e m o m n c n a u a s h n b c c h n a h p v c g n i h h n r t t n g n
u s p A . y n d t h p n b u a s h n b h n a h p h n a l i x g n o r t u i r t v i i c i h k u n
r g n i r h c 3 o e h t i g , p g n t ( i g v : ) p m
+ h C p g n t
i h K m v a g p b u a s h n b t t r t u i h n t t h p U C E , t u b t t c t
i n a v c c c n b a h c i n a v c l g n C . C R T h n h p v 3 n c r t b a h c p
c S B A h n h y u h c g n h c g n a s n . p g n t h c i n a v , y n h n a l i x c c n
b h n h c h n a h p i n a v v ) g n ( t c n n h c t h n b t b g n m ( t d o h c m l N . ) u
n h c t h n b g n o r t p o a c d c t g n i n a v a u q e x h n b h n a h p h n a l i x n l g n c n t
n h c t h n b i n a v v g n v 3 n o r t r t t g n c i h K . S B A g n u s p c i h t h p t c n
s i g c p m n h c t h n b a h p g n h k ( g n u h t o h c t c g n b U C E , ) C R T a t
C R T m b u s p g n t d t . u

i t i h c n T t i n a V n n a V
i n a V c n h n a h p h n a l i x t
. h n h c
Bt g n
i n a V c n n h c t h n b t g n Bt M
a V i n c n d h n b t h n a h p u Bt M
i n a V v 3 n S B A r t T ) A 0 ( t
C m A a
C g n B a



h n H . 7 4 . 5 S o h t c g n b a h c C R T h n a h p h n h p h c
p g n t
h C i g p
u s p i h K d t a s h n b h n a h p h n a l i x c c g n o r t u i g y a h g n t u m r t i g n
c u y h , u h t g n y u h c c n h c n i g S . p y a h t h c i h t c c
i h b n y a h t h c c g n r t i c i h t g n i n a v a v 3 n K . S B A r t u q t u s p l t
n h c t h n b g n o r t b g n x o h c g n h k n g n i g , i o g n a r u s p n y u g n d t u
. e x h n b h n a l y x g n o r t

i t i h c n T t i n a V n n a V
i n a V c n h n a h p h n a l i x t
. h n h c
Bt g n
i n a V c n n h c t h n b t g n Bt M
i n a V c n d h n b t h n a h p u Bt M
i n a V v 3 n S B A r t B ) A 2 ( t
C c , g n A a B a
g n

n h c t h n B g n
& S B A
U C E C R T
h c h n B a h C p g n t
C A a
i n a V t c n
h n a l y x
b ( h n h c ) t
S B A m B
n o t n a n a V
t g n C m c y a h c
i b t u s p n
C B a
g n
i n a V t c n
h c h n b ) t t ( a
B m
C R T
i n a V t c n
h c t h n b
b ( ) t
g n n h c t h n B
( 0
) A



h n H . 8 4 . 5 S o h t c g n b a h c C R T h n a h p h n h p h c i g
p
h C i g p m
c i h K i g n u s p m d t U C E , u a s h n b h n a h p h n a l i x c c g n o r t u v S B A
y u h c C R T i n a v n v 3 n S B A r t h c n i g u s p o h c m l N . p m d t u
h n a l i x g n o r t h e x h n b h n a h p v i d h n b c u n a v a u q h n h c h n a h p h n a l i x a
i v 3 n i n a v v S B A r t c n d h n b t K . u u q t u s p , l d t i g u c L . m
v S B A m b , y n o h g n h k n t . g n

i t i h c n T t i n a V n n a V
i n a V c n h n a h p h n a l i x t
. h n h c
Bt g n
i n a V c n n h c t h n b t g n Bt M
i n a V c n d h n b t h n a h p u Bt M
i n a V v 3 n S B A r t B ) A 5 ( t
C g n A a
C m B a

h C i g
i n a V c n y x t
h n h c h n a l b ( ) t
C A a
C A a
h C i g
h c h n B a
S B A &
U C E C R T

i n a V c n h n b t
h c b ( a ) t

i n a V c n h n b t
h c b ( g n n c t )
n a n a V n o t
t g n C c y a h t i b m n
u s p t
B m
C R T



h n H . 9 4 . 5 S o h t c g n b a h c C R T h n a h p h n h p h c
i g . p m
U C E C R T v S B A
s N d t c c g n i h n t u c t c 4 i b m t n c n o t h n t v e x h n b
m c r t i g t m v e x h n b c c a t r g n i g i o x t n e m o m m n v c g n
t c m e x h n b c g g n t h c c t v v , g n i y i h k u n t c c . e x h n b
c n B U C E h n h c c c c C R T v S B A k g n n c i n a b a r t m h c , u n o n
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h i p i h k u n i , c g n i h k u b g n n v t b h n c r t l a g m o h i m l c
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. 0 1 l o b n ; P S E i . 1 1 C i b m i l c g n ; . 2 1 t g n C ; h n a h p o b c . 3 1 m B
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6 1 X . 7 1 ; h n h c h n a l y . B h c h t h n h p l y . P S E c
H h t R B E g n h c ) n o i t a l u g e R e k a r B e n i g n E ( i h g n t n r t g n t c c c a
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g n t e x h n b g n c r t u o h c c c u a s u h r t y u d h c g n y u n c g n a
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