Detaljne upute za upotrebu su u Korisničkom Vodiču.
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=YX. L L XSR]RU 0RHWH RGDEUDWL GD YDP VH GROD]QL SR]LY GRMDYOMXMH XNOMXLYDQMHP YLEUD. LMVNRJ VLJQDOD 9LEUD. LMVNL VLJQDO PRHWH SRGHVLWL QD MHGQX RG VOMHGHLK PRJXQRVWL 8NOMXLWL VYR YULMHPH 8NOM ]D 1HXM XNOMXHQR NDG MH ]YRQR LVNOMXHQR LOL NDGD VWH SRVWDYLOL WHOHIRQ QD 1HXMQR , VNOMXLWL VYR YULMHPH
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'D ELVWH L]PLMHQLOL MH]LN L]ERUQLND 3RPDNQLWH VH QD 3RGHHQMD <(6 -H]LN , ]ERUQL. L <(6 2GDEHULWH MH]LN L SULWLVQLWH <(6
1DSRPHQD 8YLMHN PRHWH RGDEUDWL $XWRPDWVNL DNR SULWLVQHWH X VWDQMX HNDQMD 8YLMHN PRHWH RGDEUDWL HQJOHVNL DNR SULWLVQHWH X VWDQMX HNDQMD
3ULODJRGED YDHJ WHOHIRQD
6YMHWOR ]DVORQD 6YMHWOR ]DVORQD PRH VH SRVWDYLWL QD DXWRPDWVNR LVNOMXHQR LOL XNOMXHQR 8 DXWRPDWVNRP QDLQX VYMHWOR ]DVORQD VH LVNOMXXMH QHNROLNR VHNXQGL QDNRQ ]DGQMHJ SULWLVND QD WLSNX 1DSRPHQD 6YMHWOR ]DVORQD SRYHDYD SRWURQMX EDWHULMH L VPDQMXMH SUHRVWDOR YULMHPH VWDQMD HNDQMD DNR VH SRVWDYL QD 8NOMXLWL 'D ELVWH SRGHVLOL VYMHWOR ]DVORQD 3RPDNQLWH VH QD 3RGHHQMD=DVORQ6YMHWOR 'D ELVWH SRGHVLOL NRQWUDVW ]DVORQD 3RPDNQLWH VH QD 3RGHHQMD=DVORQ. RQWUDVW
'D ELVWH SRGHVLOL IRUPDW SULND]D YUHPHQD 3RPDNQLWH VH QD 3RGHHQMD9ULMHPH L GDWXP)RUPDW YUHPHQD
3RGHDYDQMH YUHPHQD 9ULMHPH MH XYLMHN SULND]DQR X VWDQMX HNDQMD 'D ELVWH SRGHVLOL YULMHPH 3RPDNQLWH VH QD 3RGHHQMD9ULMHPH L GDWXP 3RGHHQMH VDWD
0RHWH RGDEUDWL VDWQL LOL VDWQL SULND] YUHPHQD
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1DSRPHQD $NR RGDEHUHWH VDWQL SULND] YUHPHQD PRHWH ELUDWL DP LOL SP SULWLVNRP QD WLMHNRP SRGHDYDQMD YUHPHQD 'DWXP . DGD MH WHOHIRQ X VWDQMX HNDQMD PRHWH SRWLVQXWL WLSNX ]D XJDDQMH JODVQRH SUHPD JRUH LOL SUHPD GROMH GD ELVWH YLGMHOL WHNXL GDWXP QD L]ERUQLNX 6WDWXV
'D ELVWH SRGHVLOL GDWXP LLOL IRUPDW GDWXPD 3RPDNQLWH VH QD 3RGHHQMD9ULMHPH L GDWXP 1DSUHGQR SRGHDYDQMH YUHPHQD 1D L]ERUQLNX 3RGHHQMD9ULMHPH L GDWXP SRG 3RGH YUHPHQD PRHWH RGUHGLWL YUHPHQVNX ]RQX L UDXQDQMH ]LPVNRJ L OMHWQRJ YUHPHQD 3URPMHQRP QDYHGHQRJD PLMHQMDWH L YULMHPH ]D RGJRYDUDMXX YULMHGQRVW DNR YD PUHQL RSHUDWHU SRGUDYD WX XVOXJX
3ULODJRGED YDHJ WHOHIRQD
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
0RML WHOHIRQVNL EURMHYL 0RHWH SURYMHULWL L YODVWLWL WHOHIRQVNL EURM LOL EURMHYH 'D ELVWH SURYMHULOL VYRM EURM WHOHIRQD 3RPDNQLWH VH QD , PHQLN3RVHEQL EURMHYL0RML EURMHYL $NR YD EURM WHOHIRQD QLMH VSUHPOMHQ QD YDRM 6, 0 NDUWL. L PRHWH JD XSLVDWL VDPL
'D ELVWH RGDEUDOL QDLQ RGJRYRUD 3RPDNQLWH VH QD 3RGHHQMD+DQGVIUHH1DLQ RGJRYRUD 3R]GUDY . DGD XNOMXXMHWH LOL LVNOMXXMHWH VYRM WHOHIRQ SRMDYOMXMH VH 6RQ\ (UL. VVRQ SR]GUDYQL WHNVW 8PMHVWR WRJD PRH VH SRND]DWL SR]GUDYQL WHNVW YDHJ PUHQRJ RSHUDWHUD 'D ELVWH RGDEUDOL SR]GUDY 3RPDNQLWH VH QD 3RGHHQMD <(6 =DVORQ 3R]GUDY <(6 2GDEHULWH SR]GUDY L SULWLVQLWH <(6
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=DNOMXDYDQMH WLSNRYQL. H 7LSNRYQL. X PRHWH L ]DNOMXDWL GD ELVWH L]EMHJOL QHQDPMHUQR ELUDQMH EURMD 1DSRPHQD 3R]LYL PHXQDURGQRJ EURMD ]D VOXDM QXGH MR XYLMHN VX PRJXL DN L NDGD MH WLSNRYQL. D ]DNOMXDQD $XWRPDWVNR ]DNOMXDYDQMH $XWRPDWVNR ]DNOMXDYDQMH WLSNRYQL. H ]QDL GD VH WLSNRYQL. D ]DNOMXDYD VHNXQGL QDNRQ ]DGQMHJ SULWLVND QD WLSNX
'D ELVWH DXWRPDWVNR ]DNOMXDYDQMH SRVWDYLOL QD 8NOMXLWL LOL , VNOMXLWL 3RPDNQLWH VH QD 3RGHHQMD=DNOMXDYDQMH$XWR =DNOMWLSN
3ULODJRGED YDHJ WHOHIRQD
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3RVWDYNH 6D VYRMLP WHOHIRQRP GRELYDWH L QHNROLNR XQDSULMHG GHILQLUDQLK SRVWDYNL NRMH VX RGUHHQH WDNR GD RGJRYDUDMX RGUHHQRP RNUXMX 7H SRVWDYNH PRHWH PLMHQMDWL PRHWH LP GRGDYDWL SULERU LOL LP PLMHQMDWL QD]LYH 3ULPMHUL. H NDGD RGOD]LWH QD SRVORYQL VDVWDQDN PRHWH MHGQRVWDYQR RGDEUDWL SRVWDYNX 6DVWDQDN SUL HPX VH EURMQD SRGHHQMD LVNOMXXMX SRSXW ]YXND ]YRQD
'D ELVWH RGDEUDOL SRVWDYNX 3RPDNQLWH VH QD 3RGHHQMD3RVWDYNH2GDEU SRVWDYNX
'D ELVWH L]PLMHQLOL SRGHHQMD SRVWDYNH 3RPDNQLWH VH QD 3RGHHQMD <(6 3RVWDYNH <(6 , ]PLM SRVWDYNX <(6 2GDEHULWH SRGHHQMH L SULWLVQLWH <(6 , ]PLMHQLWH SRGHHQMD SRVWDYNH L SULWLVQLWH <(6 ]D SRWYUGX 'D ELVWH SURPLMHQLOL QD]LY SRVWDYNH 3RPDNQLWH VH QD 3RGHHQMD3RVWDYNH, ]PLM SRVWDYNX 1D]LY SRVWDYNH
3ULODJRGED YDHJ WHOHIRQD
0RHWH YUDWLWL VYD SRGHHQMD SRVWDYNL QD VWDQMH NDNYR MH ELOR X WUHQXWNX NXSQMH WHOHIRQD =D UHVHW VYLK SRVWDYNL 3RPDNQLWH VH QD 3RGHHQMD3RVWDYNH5HVHW SRVWDYNL $XWRPDWVNR DNWLYLUDQMH 1HNH SRVWDYNH SULPMHUL. H 8 DXWX DXWRPDWVNL VH DNWLYLUDMX NDGD VH NRULVWL RGUHHQL SULERU . DGD VH SULERU LVNOMXL V WHOHIRQD SRVWDYND VH YUDD QDWUDJ QD RQX NRMD MH SUHWKRGQR ELOD XNOMXHQD
3R]LYDQMH
8SXLYDQMH SR]LYD 8SLLWH SUHGEURM L EURM WHOHIRQD 3ULWLVQLWH <(6 GD ELVWH XSXWLOL SR]LY 3ULWLVQLWH 12 GD ELVWH ]DYULOL SR]LY 6DYMHW 0RHWH SR]LYDWL EURMHYH V SRSLVD SR]LYD L L] LPHQLND 3RJOHGDMWH 3RSLV SR]LYD QD VWU L , PHQLN QD VWU
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=D SURPMHQX JODVQRH ]YXND X VOXDOL. L WLMHNRP SR]LYD 7LSNX ]D XJDDQMH JODVQRH VD VWUDQH WHOHIRQD SRWLVQLWH JRUH LOL GROMH ]D SRMDDYDQMH LOL VWLDYDQMH JODVQRH ]YXND X VOXDOL. L 'D ELVWH LVNOMXLOL PLNURIRQ WLMHNRP SR]LYD 3ULWLVQLWH L GULWH GRN VH QD ]DVORQX QH SRMDYL 0LNURIRQ LVNOM 3ULWLVQLWH SRQRYQR ]D QDVWDYDN UD]JRYRUD
3R]LYDQMH
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'D ELVWH PRJOL XSXLYDWL L SULPDWL SR]LYH WHOHIRQ PRUD ELWL XNOMXHQ L PRUDWH VH QDOD]LWL X GRPHWX PUHH 3RJOHGDMWH 8SXLYDQMH L SULPDQMH SR]LYD QD VWU
$XWRPDWVNR SRQRYQR ELUDQMH $NR QLVWH XVSMHOL XVSRVWDYLWL YH]X D QD ]DVORQX VH YLGL 3RQRYLWL" SULWLVQLWH <(6 1DSRPHQD 1HPRMWH GUDWL WHOHIRQ X] XKR GRN HNDWH . DGD VH SR]LY VSRML WHOHIRQ VH RJODDYD JODVQLP ]YRQRP 7HOHIRQ H SRQDYOMDWL ELUDQMH GR GHVHW SXWD LOL GRN VH QH GRJRGL MHGQR RG VOMHGHHJ 3R]LY MH RVWYDUHQ 3ULWLVQXOL VWH QHNX WLSNX LOL VWH SULPLOL SR]LY 1DSRPHQD $XWRPDWVNR SRQRYQR ELUDQMH QH PRH VH NRULVWLWL ]D SRGDWNRYQH SR]LYH
6DYMHW . RULVQR MH XSLVLYDWL ]QDN L SR]LYQL EURM ]HPOMH ]D VYH EURMHYH X LPHQLNX MHU VH WDNR PRJX MHGQDNR NRULVWLWL EH] RE]LUD MHVWH OL QD GRPDRM PUHL LOL X LQR]HPVWYX
8SXLYDQMH PHXQDURGQLK SR]LYD 3ULWLVQLWH L GULWH GRN VH ]QDN QH SRMDYL QD ]DVORQX =QDN ]DPMHQMXMH PHXQDURGQL SR]LYQL EURM ]HPOMH L] NRMH XSXXMHWH SR]LY 8SLLWH SR]LYQL EURM ]HPOMH SUHGEURM EH] SRHWQH QXOH L EURM WHOHIRQD <(6
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3R]LYL X VOXDMX QXGH
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
3R]LYDQMH
'D ELVWH SUHJOHGDOL VYRM ORNDOQL SRSLV EURMHYD ]D SRPR X VOXDMHYLPD QXGH 3RPDNQLWH VH QD , PHQLN3RVHEQL EURMHYL626 EURMHYL 3ULPDQMH SR]LYD . DGD SULPLWH SR]LY WHOHIRQ ]D]YRQL L SULND]XMH 2GJRYRULWL" $NR SR]LY GROD]L VD ]DEUDQMHQRJ EURMD ]DVORQ SRND]XMH 8VNUDHQ EURM =D RGJRYDUDQMH QD SR]LY 3ULWLVQLWH <(6 =D RGELMDQMH SR]LYD 3ULWLVQLWH 12
'D ELVWH SR]YDOL EURM V SRSLVD SR]LYD =D RWYDUDQMH SRSLVD SR]LYD SULWLVQLWH <(6 X VWDQMX HNDQMD 3RPDNQLWH VH QD EURM NRML HOLWH L SULWLVQLWH <(6 =D EULVDQMH SRSLVD SR]LYD 3RPDNQLWH VH QD 3R]LYL <(6 2S. LMH SR] <(6
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3URSXWHQL SR]LYL $NR VWH SURSXVWLOL SR]LY X VWDQMX HNDQMD VH SRMDYOMXMH SRUXND 3URSXWHQL SR]LYL SUL HPX EURM R]QDDYD NROLNR MH SR]LYD SURSXWHQR 'D ELVWH SURYMHULOL SURSXWHQH SR]LYH . DGD VH SRNDH 3URSXWHQL SR]LYL SULWLVQLWH <(6 GD ELVWH SULND]DOL SURSXWHQH SR]LYH 'D ELVWH SR]YDOL EURM V SRSLVD SRPDNQLWH VH GR EURMD L SULWLVQLWH <(6
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3RSLV SR]LYD 7HOHIRQVNL EURMHYL ]DGQMLK RGOD]QLK L GROD]QLK SR]LYD VSUHPDMX VH QD SRSLV SR]LYD $NR YDD SUHWSODWD SRGUDYD XVOXJX LGHQWLILND. LMH SR]LYDWHOMD &/, D SR]LYDWHOMHY EURM MH LGHQWLIL. LUDQ QD SRSLVX SR]LYD HWH YLGMHWL L EURMHYH SR]LYD QD NRMH VWH RGJRYRULOL L EURMHYH SURSXWHQLK SR]LYD
, ]EULV SRSLV
'D ELVWH XNOMXLOL LOL LVNOMXLOL SRSLV SR]LYD 3RPDNQLWH VH QD 3R]LYL <(6 2S. LMH <(6 3RSLV SR]LYD <(6
3R]LYDQMH
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
'D ELVWH GRGDOL VOLNX NRQWDNWX L] LPHQLND 3RPDNQLWH VH QD , PHQLN <(6 6OLNH <(6 8SLLWH SUYD VORYD NRQWDNWD L SULWLVQLWH <(6 . DGD MH NRQWDNW R]QDHQ SULWLVQLWH <(6 7LPH RWYDUDWH 0RMH VOLNH 2GDEHULWH VOLNX L SULWLVQLWH <(6 GYDSXW
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2GDEHULWH 2VREQD ]YRQD GD ELVWH GRGDOL RVREQR ]YRQR
3R]LYDQMH
2GDEHULWH , ]PMHQD LQIRUP <(6 3RPDNQLWH VH QD SROMH NRMH HOLWH XSLVDWL L SULWLVQLWH <(6 8SLLWH LQIRUPD. LMH L SULWLVQLWH <(6 . DGD XSLHWH VYH LQIRUPD. LMH SRPDNQLWH VH QLH QD 6SUHPLWL L L]LL" <(6
'D ELVWH L]EULVDOL NRQWDNW 3RPDNQLWH VH QD , PHQLN8SUDYOMNRQWDNW, ]EULVDWL NRQWDNW =DWLP RGDEHULWH NRQWDNW L SULWLVQLWH <(6 GYDSXW 'D ELVWH L]EULVDOL VYH NRQWDNWH 3RPDNQLWH VH QD , PHQLN1DSUHGQR, ]EULVDWL VYH 1DSRPHQD . RQWDNWL VSUHPOMHQL QD 6, 0 NDUWL. X VH QH EULX
'D ELVWH RGUHGLOL XRELDMHQL EURM 3RPDNQLWH VH QD , PHQLN <(6 8SUDYOMNRQWDNW <(6 , ]PLM NRQWDNW <(6 8SLLWH SUYR VORYR NRQWDNWD L SULWLVQLWH <(6 . DGD MH NRQWDNW R]QDHQ SULWLVQLWH <(6 2GDEHULWH 8RELDMHQL EURM <(6 2GDEHULWH EURM NRML HOLWH NDR XRELDMHQL L SULWLVQLWH <(6
8RELDMHQL VWDQGDUGQL EURM 6YDNL NRQWDNW LPD XRELDMHQL WHOHIRQVNL EURM 3UYL WHOHIRQVNL EURM NRML SRYHHWH V NRQWDNWRP DXWRPDWVNL SRVWDMH XRELDMHQL EURM $NR VH SRPDNQHWH GR RGUHHQRJ NRQWDNWD QD SRSLVX 3R]YDWL NRQWDNW L ]DWLP SULWLVQHWH L GULWH <(6 SR]LYD VH XRELDMHQL EURM
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'D ELVWH QDSUDYLOL JUXSX NRQWDNDWD 3RPDNQLWH VH QD , PHQLN <(6 8SUDYOMNRQWDNW <(6 *UXSH <(6 'RGDWL JUXSX" <(6 8SLLWH LPH ]D WX JUXSX L SULWLVQLWH <(6 2GDEHULWH 'RGDWL ODQD" <(6 8SLLWH SUYD VORYD NRQWDNWD NRML HOLWH GRGDWL L SULWLVQLWH <(6 3ULWLVQLWH <(6 GD ELVWH RGDEUDOL NRQWDNW 2GDEHULWH WHOHIRQVNL EURM L SULWLVQLWH <(6 3RQRYLWH NRUDNH RG GR GD ELVWH GRGDOL GUXJH ODQRYH
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*UXSH 0RHWH QDSUDYLWL JUXSX NRQWDNDWD 1D WDM QDLQ PRHWH VODWL SLVDQH SRUXNH ]D QHNROLNR SULPDWHOMD RGMHGQRP 3RJOHGDMWH 6ODQMH SLVDQLK SRUXND QD VWU
3R]LYDQMH
3RVMHWQL. H 8 LPHQLN PRHWH GRGDWL L YODVWLWX SRVMHWQL. X 'D ELVWH GRGDOL YODVWLWX SRVMHWQL. X 3RPDNQLWH VH QD , PHQLN <(6 8SUDYOMNRQWDNW 0RMD SRVMHWQL. D <(6 2GDEHULWH 'RGDWL <(6 5D]PMHQD SRVMHWQL. D 3RVMHWQL. H PRHWH UD]PMHQMLYDWL NRULVWHL , & 606 LOL 006 'D ELVWH SRVODOL VYRMX SRVMHWQL. X 3RPDNQLWH VH QD , PHQLN <(6 8SUDYOMNRQWDNW 0RMD SRVMHWQL. D <(6 3RVODWL <(6 2GDEHULWH QDLQ SULMHQRVD <(6
<(6 <(6
'D ELVWH SULPLOL SRVMHWQL. X NRULVWHL , & 8 VWDQMX HNDQMD SULWLVQLWH SRPDNQLWH VH QD $NWLYLUDWL , & <(6 . DGD SULPLWH SRVMHWQL. X SULWLVQLWH <(6 3ULWLVQLWH <(6 SRQRYQR GD ELVWH VSUHPLOL SRVMHWQL. X X LPHQLN
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'D ELVWH VSUHPLOL SRVMHWQL. X X PXOWLPHGLMDOQX SRUXNX 3RPDNQLWH VH QD 3RUXNH <(6 006 <(6 3RPDNQLWH VH QD 'ROD]QD SRWD <(6 RGDEHULWH SRUXNX <(6 3RPDNQLWH VH GR VWDYNH SRVMHWQL. H SULWLVQLWH <(6 ]D SULKYDDQMH 'D ELVWH SRVODOL NRQWDNW 3RPDNQLWH VH QD , PHQLN <(6 8SUDYOMNRQWDNW 3RVODWL NRQWDNW <(6 8SLLWH SUYD VORYD NRQWDNWD NRML HOLWH SRVODWL L SULWLVQLWH <(6 3ULWLVQLWH <(6 GD ELVWH RGDEUDOL NRQWDNW 2GDEHULWH QDLQ SULMHQRVD L SULWLVQLWH <(6
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=D VODQMH VYLK NRQWDNDWD VDPR SXWHP , &D 3RPDNQLWH VH QD , PHQLN1DSUHGQR3RVODWL VYH <(6 . RSLUDQMH NRQWDNDWD 0RHWH NRSLUDWL LPHQD L EURMHYH X VYRMHP WHOHIRQVNRP LPHQLNX L]PHX PHPRULMH WHOHIRQD L 6, 0 NDUWL. H %URM NRQWDNDWD NRML VH PRJX VSUHPLWL RYLVL R WLSX 6, 0 NDUWL. H 1DSRPHQD 3ULOLNRP NRSLUDQMD NRQWDNDWD SULSD]LWH QD WR GD ]DEXQRP QH ]DPLMHQLWH SRGDWNH
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=D NRSLUDQMH LPHQD L WHOHIRQVNLK EURMHYD QD 6, 0 NDUWL. X 3RPDNQLWH VH QD , PHQLN1DSUHGQR. RSLUDWL QD NDUW $NR X VYRM WHOHIRQ XPHWQHWH 6, 0 NDUWL. X VD VSUHPOMHQLP LPHQLPD L WHOHIRQVNLP EURMHYLPD PRHWH SR]YDWL RVREX DNR RGDEHUHWH , PHQLN1DSUHGQR3R]YDWL V NDUW $NR HOLWH L]PLMHQLWL LPH LOL WHOHIRQVNL EURM VSUHPOMHQ QD 6, 0 NDUWL. L PRUDWH JD QDMSULMH NRSLUDWL X WHOHIRQ =D NRSLUDQMH LPHQD L WHOHIRQVNLK EURMHYD QD WHOHIRQ 3RPDNQLWH VH QD , PHQLN1DSUHGQR. RSLUDWL V NDUW 6DYMHW . DGD VWH RGDEUDOL LPH QD L]ERUQLNX 3R]YDWL V NDUW PRHWH NRSLUDWL LPH L WHOHIRQVNL EURM X WHOHIRQ WDNR GD SULWLVQHWH D ]DWLP RGDEHUHWH . RSLUDWL X WHOHI
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*RYRUQD SRWD $NR YDD SUHWSODWD XNOMXXMH L XVOXJX DXWRPDWVNH VHNUHWDUL. H SR]LYDWHOML YDP PRJX RVWDYLWL SRUXNX JRYRUQH SRWH DNR QH PRHWH RGJRYRULWL QD SR]LY
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'D ELVWH SURYMHULOL L UHVHWLUDOL WURDN SR]LYD 3RPDNQLWH VH QD 3R]LYL9ULMHPH L WURDN7URNRYL SR]LYD L RGDEHULWH RS. LMX 2GDEHULWH , ]EULV XN WURN ]D UHVHW EURMLOD WURNRYD SR]LYD 1DSRPHQD $NR YDD SUHWSODWD XNOMXXMH LQIRUPD. LMH R WURNRYLPD PRUDWH XSLVDWL VYRM 3, 1 GD ELVWH UHVHWLUDOL EURMLOR YUHPHQD LOL WURNRYD 3RGHDYDQMH WURND SR]LYD 0RHWH NRULVWLWL IXQN. LMX 7DULID GD ELVWH RGUHGLOL . LMHQX WHOHIRQVNRJ LPSXOVD $NR QH RGUHGLWH . LMHQX LPSXOVD XPMHVWR . LMHQH VH SULND]XMH EURM LPSXOVD
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=D XNOMXLYDQMH SUHXVPMHUDYDQMD SR]LYD 3RPDNQLWH VH QD 3R]LYL <(6 8SUDYOMSR]LYLPD <(6 3UHXVPM SR]LYD <(6 2GDEHULWH NDWHJRULMX SR]LYD L DOWHUQDWLYX ]D SUHXVPMHUDYDQMH L SULWLVQLWH <(6 2GDEHULWH $NWLYLUDWL <(6 8SLLWH WHOHIRQVNL EURM QD NRML HOLWH SUHXVPMHULWL SR]LYH L SULWLVQLWH <(6 LOL JD SURQDLWH X LPHQLNX =D LVNOMXLYDQMH SUHXVPMHUDYDQMD SR]LYD 2GDEHULWH RS. LMX SUHXVPMHUDYDQMD L RGDEHULWH 3RQLWLWL
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1HGRVWXSDQ SUHXVPMHUDYD SR]LYH DNR MH YD WHOHIRQ LVNOMXHQ LOL DNR QLVWH GRVWXSQL 1HPD RGJRYRUD SUHXVPMHUDYD SR]LYH QD NRMH QLVWH RGJRYRULOL XQXWDU RGUHHQRJ YUHPHQD RYLVL R RSHUDWHUX 1DSRPHQD . DGD MH IXQN. LMD =DEUDQD SR]LYD XNOMXHQD QHNH RS. LMH 3UHXVPM SR]LYD QH PRJX VH DNWLYLUDWL
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'D ELVWH XSXWLOL GUXJL SR]LY 3ULWLVQLWH <(6 GD ELVWH WHNXL SR]LY ]DGUDOL VWDYLOL QD HNDQMH 8SLLWH EURM NRML HOLWH ]YDWL L SULWLVQLWH <(6 LOL SURQDLWH EURM X LPHQLNX 1DSRPHQD =DGUDWL VWDYLWL QD HNDQMH PRHWH VDPR MHGDQ SR]LY 'R UD]OLLWLK RS. LMD PRHWH GRL L SULWLVNRP QD
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1DSRPHQD =D SRGDWNRYQH SR]LYH QH PRHWH NRULVWLWL XVOXJX SR]LYQLK NDUWL. D
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6OMHGHL VH SR]LYL PRJX ]DEUDQLWL 6YL RGOD]QL SR]LYL 6YL RGOD]QL 6YL RGOD]QL PHXQDURGQL SR]LYL 2GO PHXQDURG 6YL RGOD]QL PHXQDURGQL SR]LYL RVLP SR]LYD X VYRMX ]HPOMX 0H RGOVWUPU 6YL GROD]QL SR]LYL 6YL GROD]QL 6YL GROD]QL SR]LYL NDGD VWH X LQR]HPVWYX NRULVWLWH URDPLQJ X VWUDQRM PUHL 'RO QD VWU PU
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1DSRPHQD $NR SUHXVPMHUDYDWH GROD]QH SR]LYH QHNH RS. LMH =DEUDQD SR]LYD QH PRJX VH XNOMXLWL
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=DWYRUHQH JUXSH NRULVQLND )XQN. LMD =DWYRUHQD JUXSD NRULVQLND MH QDLQ VQLDYDQMD WURNRYD SR]LYD 1D QHNLP PUHDPD MHIWLQLMH MH UD]JRYDUDWL XQXWDU SR]LYQH JUXSH 0RHWH VSUHPLWL GHVHW JUXSD
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'RGDWQH IXQN. LMH SR]LYD
0UHH . DGD XNOMXLWH VYRM WHOHIRQ RQ DXWRPDWVNL RGDELUH YDX GRPDX PUHX DNR MH RQD X GRPHWX $NR WD PUHD QLMH X GRPHWX PRHWH NRULVWLWL GUXJX PUHX SRG XYMHWRP GD YD PUHQL RSHUDWRU LPD XJRYRU NRML YDP WR RPRJXXMH 7R VH QD]LYD URDPLQJ 0RHWH RGDEUDWL PUHX NRMX HOLWH NRULVWLWL LOL PRHWH GRGDWL PUHX QD VYRM SRSLV SULRULWHWD PUHD 7DNRHU PRHWH SURPLMHQLWL UHGRVOLMHG NRMLP VH PUHH RGDELUX WLMHNRP DXWRPDWVNRJ SUHWUDLYDQMD =D VYH WH RS. LMH SRPDNQLWH VH QD 3RYH]LYDQMH <(6 *60 0UHH <(6
7RQVNL VLJQDOL 0RHWH VH NRULVWLWL XVOXJDPD WHOHIRQVNRJ EDQNDUVWYD LOL NRQWUROLUDWL DXWRPDWVNX WHOHIRQVNX VHNUHWDUL. X SRPRX VODQMD WRQVNLK VLJQDOD SR]QDWLK L NDR '70) WRQRYL LOL WRQRYL ELUDQMD WLMHNRP SR]LYD
=D VODQMH L EULVDQMH WRQRYD 3ULWLVQLWH QHNX RG QXPHULNLK WLSNL RG GR L =D EULVDQMH ]DVORQD QDNRQ SR]LYD SULWLVQLWH 12
3R]LYDQMH
1RWHV 7HOHIRQ PRHWH NRULVWLWL L ]D ELOMHHQMH WHOHIRQVNRJ EURMD WLMHNRP SR]LYD 2VRED V NRMRP UD]JRYDUDWH XMH WRQVNH VLJQDOH NDGD SULWLVNDWH QD WLSNH 'D ELVWH LVNOMXLOL WH WRQVNH VLJQDOH WLMHNRP SR]LYD SULWLVQLWH RGDEHULWH , VNOM WRQRYH <(6 . DGD ]DYULWH V SR]LYRP EURM RVWDMH QD ]DVORQX %URM ]DWLP PRHWH SR]YDWL DNR SULWLVQHWH <(6 3ULND] L VNULYDQMH YODVWLWRJ EURMD $NR YDD SUHWSODWD RPRJXXMH IXQN. LMX RJUDQLHQMD LGHQWLILND. LMH SR]LYDWHOMD &/, 5 PRHWH VDNULWL VYRM EURM WLMHNRP XSXLYDQMD SR]LYD
3RGHDYDQMH PRELOQRJ , QWHUQHWD
=D SULND] LOL VNULYDQMH VYRMHJ WHOHIRQVNRJ EURMD 8SLLWH WHOHIRQVNL EURM NRML HOLWH QD]YDWL 3RPDNQLWH VH QD 3R]LYL <(6 6OMHGHL SR]LY <(6 2GDEHULWH 6DNULM PRM EURM LOL 3ULNDL PRM EURM L SULWLVQLWH <(6 ]D XSXLYDQMH SR]LYD
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
3RGHDYDQMH PRELOQRJ , QWHUQHWD
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
'D ELVWH NRULVWLOL DUREQMDND ]D SRGHDYDQMH :$3D 3RPDNQLWH VH QD :$3 XVOXJH <(6 1DVORYQD VWUDQL. D SULPMHUL. H 0RELOH , QWHUQHW <(6 DUREQMDN VH QDNRQ WRJD SRNUHH DNR QH SRVWRMH :$3 SRGHHQMD 8SLLWH L VSUHPLWH SRGHHQMD NDG VH WR RG YDV ]DWUDL L SULWLVQLWH <(6 ]D SRWYUGX , QIRUPD. LMH R QDSUHGQLP SRGHHQMLPD 'D ELVWH NRULVWLOL :$3 SUHJOHGQLN NRULVWHL GDYDWHOMD :$3 XVOXJD SRWUHEQD VX YDP SRGHHQMD ]D RGUHHQL SRGDWNRYQL UDXQ ]D :$3 L :$3 SRVWDYND 'D ELVWH NRULVWLOL HSRWX SXWHP GDYDWHOMD XVOXJD SULVWXSD , QWHUQHWX SRWUHEQD VX YDP SRGHHQMD ]D RGUHHQL SRGDWNRYQL UDXQ ]D HSRWX L UDXQ HSRWH 'D ELVWH SRVODOL SLVDQX SRUXNX 606 QD DGUHVX HSRWH SXWHP VYRMHJ PUHQRJ RSHUDWHUD PRUDWH SRGHVLWL WHOHIRQVNL EURM SULVWXSQLND HSRWH 1DSRPHQD 1HND QDSUHGQD SRGHHQMD NRMD VX RSLVDQD X VOMHGHLP RGMHOM. LPD QLVX QXQR SRWUHEQD D ]D YLH LQIRUPD. LMD R QMLPD MDYLWH VH VYRMHP GDYDWHOMX XVOXJD LOL PUHQRP RSHUDWHUX
3RGHDYDQMH PRELOQRJ , QWHUQHWD
3RGHDYDQMH NRULWHQMHP DUREQMDND $NR YD WHOHIRQ QLMH SRGHHQ ]D :$3 RG VYRMHJ PUHQRJ RSHUDWHUD LOL GDYDWHOMD XVOXJD PRHWH ]DWUDLWL GD YDP SRDOMX LQIRUPD. LMH R :$3 SRGHHQMLPD =DWLP PRHWH MHGQRVWDYQR NRULVWLWL DUREQMDND VD VYRMHJ WHOHIRQD NDR SRPR ]D UHOHYDQWQD SRGHHQMD
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
3RGHHQMD 3RGDWNRYQRJ UDXQD 8 WHOHIRQX PRHWH LPDWL VSUHPOMHQR QHNROLNR SRGDWNRYQLK UDXQD V UD]OLLWLP SRGHHQMLPD X UD]OLLWH VYUKH *ODYQR SRGHHQMH ]D 3RGDWNRYQL UDXQ MH 7LS UDXQD QDLQ VSDMDQMD
3RGHDYDQMH PRELOQRJ , QWHUQHWD
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
*60 SRGHHQMD VDVWRMH VH RG QHNLK SRGHHQMD NRMD VX VOLQD *356 SRGHHQMLPD L RG QHNLK NRMD VX VSH. LILQD ]D *60 NDNR VOLMHGL , 63 WHO EURM WHOHIRQVNL EURM YDHJ GDYDWHOMD , QWHUQHW XVOXJD %U] SULMHQ SRG RGDEHULWH NRMX EU]LQX YH]H HOLWH 7LS YH]H RGDEHULWH DQDORJQX LOL , 6'1 YH]X
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3RGHDYDQMH PRELOQRJ , QWHUQHWD
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6DYMHW $NR X VYRMHP WHOHIRQX QHPDWH SRGDWNRYQRJ UDXQD QLWL SRGHHQMD :$3 SRVWDYNH SRGHHQMD SRGDWNRYQRJ UDXQD PRHWH XSLVDWL SULOLNRP XSLVLYDQMD SRGHHQMD :$3 SRVWDYNH 3RJOHGDMWH :$3 XVOXJH2S. LMH:$3 SRVWDYNH'RG SRVWDYNX" 8SLLWH LPH9H]D NRULVWHL'RGDWL UDXQ"
'D ELVWH UXQR XSLVDOL :$3 SRGHHQMD 0RUDWH QDSUDYLWL SRGDWNRYQL UDXQ L]PHX VYRMHJ WHOHIRQD L , QWHUQHW SRVOXLWHOMD NDNR MH RSLVDQR X 3RGHHQMD 3RGDWNRYQRJ UDXQD QD VWU 3RPDNQLWH VH QD :$3 XVOXJH <(6 2S. LMH <(6 :$3 SRVWDYNH <(6 2GDEHULWH 'RG SRVWDYNX" GD ELVWH GRGDOL QRYX SRVWDYNX LOL RGDEUDOL SRVWRMHX SRVWDYNX NRMX HOLWH L]PLMHQLWL L SULWLVQLWH <(6 . DGD RGDELUHWH 'RG SRVWDYNX" XSLLWH QD]LY ]D WX SRVWDYNX SULWLVQLWH <(6 9H]D NRULVWHL <(6 RGDEHULWH SRGDWNRYQL UDXQ NRML HWH NRULVWLWL <(6 L XSLLWH , 3 DGUHVD <(6 3RMDYOMXMH VH SRSLV 3RPDNQLWH VH QD 6SUHPLWL" <(6
3RGHDYDQMH PRELOQRJ , QWHUQHWD
. DGD ELUDWH SRVWRMHX SRVWDYNX PRHWH XLQLWL VOMHGHH 3UHLPHQRYDWL 3URPMHQD QD]LYD SRVWDYNH 3RYH] NRULVWHL 2GDEHULWH SRGDWNRYQL UDXQ , 3 DGUHVD $GUHVD :$3 SULVWXSQLNRJ SRVOXLWHOMD 1DSUHGQR 'RGDWQD SRGHHQMD SRVWDYNH SRJOHGDMWH GROMH , ]EULVDWL 8NODQMDQMH SRVWDYNH $NR RGDEHUHWH 1DSUHGQR PRHWH XLQLWL L VOMHGHH 3URPLM 1DVO VWU 8SLLWH DGUHVX :$3 VWUDQL. H NRMX HOLWH NRULVWLWL NDR QDVORYQX VWUDQL. X KRPHSDJH 'UXJL UDXQ 2GDEHULWH DOWHUQDWLYQL SRGDWNRYQL UDXQ DNR SUYL QD SRSLVX 3RYH] NRULVWHL QH XVSLMH , ' NRULVQLND 8QHVLWH VYRM NRULVQLNL , ' ]D :$3 3ULVWXSQLN =DSRUND 8QHVLWH VYRMX ]DSRUNX ]D :$3 3ULVWXSQLN :$3 ]DWLWD 3RJOHGDMWH 3RGHHQMD :$3 ]DWLWH 3ULND] VOLND 3ULND] VOLND WLMHNRP SUHJOHGDYDQMD 3RGHHQMD :$3 ]DWLWH 9D WHOHIRQ SRGUDYD ]DWLHQX :$3 YH]X . DGD XNOMXLWH :$3 ]DWLWX YH]D L]PHX YDHJ WHOHIRQD L :$3 SULVWXSQLND MH ]DWLHQD
1DSRPHQD =DWLWD YH]H L]PHX :$3 SULVWXSQLND L GDYDWHOMD :$3 VDGUDMD MH RGJRYRUQRVW GDYDWHOMD :$3 XVOXJD 'D ELVWH XNOMXLOL ]DWLHQX YH]X 3RPDNQLWH VH QD :$3 XVOXJH <(6 2S. LMH <(6 :$3 SRVWDYNH <(6 2GDEHULWH SRVWDYNX NRMX HOLWH NRULVWLWL L SULWLVQLWH <(6 2GDEHULWH 1DSUHGQR <(6 :$3 ]DWLWD <(6 2GDEHULWH 8NOMXLWL <(6
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6LJXUQRVQL PRGXO =DNOMXDYDQMH 6LJXUQRVQL PRGXO VH QDOD]L QD 6, 0 NDUWL. L DNR YD PUHQL RSHUDWHU LOL GDYDWHOM XVOXJD QXGL WDNYX XVOXJX 0RGXO PRH VDGUDYDWL L . HUWLILNDWH L YDH SULYDWQH NOMXHYH 6LJXUQRVQL PRGXO MH ]DWLHQ SRVHEQLP SULVWXSQLP 3, 1 NRGRP NRMHJ WHOHIRQ WUDL RG YDV SULOLNRP XVSRVWDYH ]DWLHQH YH]H
'D ELVWH XSLVDOL SULVWXSQL 3, 1 ]D VLJXUQRVQL PRGXO L SRWSLVQL 3, 1 3RPDNQLWH VH QD :$3 XVOXJH <(6 2S. LMH <(6 =DMHGQLNR <(6 :$3 ]DWLWD <(6 :$3 NOMXHYL
3RGHDYDQMH PRELOQRJ , QWHUQHWD
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
3RVWRMH UD]OLLWH YUVWH . HUWLILNDWD QSU &HUWLILNDWL SRVOXLWHOMD VH NRULVWH NDR LGHQWLILND. LMD :$3 SULVWXSQLND WHOHIRQX L GD SRNDX GD MH SULVWXSQLN RYMHUHQ RG VWUDQH WLMHOD NRMHPX VH YMHUXMH &HUWLILNDW SRVOXLWHOMD VH XVSRUHXMH V . HUWLILNDWLPD RYMHUH NRML VX VSUHPOMHQL X WHOHIRQX LOL QD VLJXUQRVQRP PRGXOX $NR WHOHIRQ QH PRH SURYMHULWL LGHQWLWHW SRVOXLWHOMD PRHWH SUHNLQXWL YH]X LOL MH QDVWDYLWL
3RGHDYDQMH PRELOQRJ , QWHUQHWD
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
'D ELVWH SURYMHULOL . HUWLILNDWH X VYRMHP WHOHIRQX 3RPDNQLWH VH QD :$3 XVOXJH <(6 2S. LMH <(6 =DMHGQLNR <(6 :$3 ]DWLWD <(6 2GDEHULWH &HUWLILNDWL LOL &HUWLILN NOLMHQWD 3RGHHQMD UDXQD (SRWH 5DXQRP HSRWH QDYRGL VH SULPMHUL. H SRVOXLWHOM NRML VH NRULVWL ]D YDH SRUXNH HSRWH
'D ELVWH QDSUDYLOL UDXQ HSRWH 3RPDNQLWH VH QD 3RUXNH <(6 (SRWD 2GDEHULWH , ]PLM UDXQ <(6 2GDEHULWH 'RGDWL QRYR" <(6
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2GOD] SRVOXLW XSLLWH LPH LOL , 3 DGUHVX 6073 SRVOXLWHOMD GD ELVWH PRJOL VODWL SRUXNH HSRWH 2GOD]QL SRUW DNR MH SRWUHEQR SURPLMHQLWH EURM SRUWD NRMLP VH NRULVWL 6073 SURWRNRO $GUHVD HSRWH XSLLWH VYRMX DGUHVX HSRWH 3UHX]HWL RGDEHULWH HOLWH OL SULPDWL ]DJODYOMD L WHNVWRYH SRUXND LOL VDPR ]DJODYOMD , PH X 2G SROMX XSLLWH VYRMH LPH 3RWSLV RGDEHULWH DNR HOLWH GRGDWL VYRMX SRVMHWQL. X X VYRMH SRUXNH HSRWH %&& 2GDEHULWH 8NOMXLWL DNR HOLWH GD VH SRUXNH HSRWH NRMH DOMHWH VD VYRMHJ WHOHIRQD WDNRHU DOMX L QD DGUHVX HSRWH SR YDHP L]ERUX 1D WDM QDLQ SRUXNH NRMH VWH SRVODOL VD VYRMHJ WHOHIRQD PRJX ELWL VSUHPOMHQH ]D NDVQLMH NRULWHQMH , QWHUYDO SURYMHU 2GDEHULWH NROLNR HVWR HOLWH GD VH YD WHOHIRQ SRYHH V YDLP SRVOXLWHOMHP HSRWH L SURYMHUL GROD]QX HSRWX
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$NR LPDWH YLH UDXQD HSRWH QSU X XUHGX L NRG NXH PRHWH RGUHGLWL MHGDQ RG QMLK NDR VWDQGDUGQL 2GDEHULWH , ]ERU UDXQD V L]ERUQLND 3RUXNH(SRWD 2S. LMH L RGDEHULWH UDXQ 3RJOHGDMWH (SRWD QD VWU ]D LQIRUPD. LMH R QDLQX NRULWHQMD HSRWH
3RGHDYDQMH PRELOQRJ , QWHUQHWD
5D]PMHQD SRUXND
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
3ULMH SRHWND 1DMSULMH SURYMHULWH MH OL XSLVDQ EURM YDHJ . HQWUD XVOXJD %URM YDP GDMH YD GDYDWHOM XVOXJD D RELQR MH YH VSUHPOMHQ QD 6, 0 NDUWL. L
5D]PMHQD SRUXND
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'D ELVWH SRGHVLOL EURM . HQWUD XVOXJH 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 2S. LMH &HQWUL XVOXJD <(6 %URM . HQWUD XVOXJD VH SRMDYOMXMH QD ]DVORQX DNR MH VSUHPOMHQ QD 6, 0 NDUWL. L $NR QD SRSLVX QHPD QLNDNYRJ EURMD RGDEHULWH 'RGDWL QRYR" <(6 8SLLWH EURM XNOMXXMXL PHXQDURGQL ]QDN L SR]LYQL EURM ]HPOMH L SULWLVQLWH <(6 6ODQMH SLVDQLK SRUXND =D LQIRUPD. LMH R XSLVLYDQMX VORYD SRJOHGDMWH 8SLVLYDQMH VORYD L ]QDNRYD QD VWU
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'D ELVWH QDSLVDOL L SRVODOL SLVDQX SRUXNX 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 1DSLVDWL QRYX <(6 8SLLWH VYRMX SRUXNX L SULWLVQLWH <(6 8SLLWH MHGQRJ LOL YLH SULPDWHOMD NDNR VOLMHGL 8SLLWH WHOHIRQVNL EURM SULPDWHOMD L SULWLVQLWH <(6 =D YLH SULPDWHOMD SRPDNQLWH VH QD 'RG SULPDWHOMD <(6 XSLLWH EURM <(6 3ULWLVQLWH GD ELVWH SR]YDOL WHOHIRQVNL EURM L] LPHQLND LOL GUXJH RS. LMH 2GDEHULWH 3RVODWL <(6
1DSRPHQD $NR DOMHWH SLVDQX SRUXNX ]D YLH SULPDWHOMD REUDXQDYD YDP VH VODQMH VYDNRP SRMHGLQDQRP SULPDWHOMX 'D ELVWH XPHWQXOL VWDYNX X SLVDQX SRUXNX 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 1DSLVDWL QRYX <(6 7LMHNRP SLVDQMD VYRMH SRUXNH SULWLVQLWH 2GDEHULWH 8PHWQL REMHNW <(6 2GDEHULWH 6OLND =YXN 0HORGLMD $QLPD. LMD LOL 0RMH DQLP LOL 6OLNRYQL 606 <(6 2GDEHULWH VWDYNX L SULWLVQLWH <(6 =DWLP SULWLVQLWH <(6 SRQRYQR ]D SRWYUGX 1DNRQ XPHWDQMD VWDYNH SULWLVQLWH ]D RGDELU EULVDQMH LOL L]PMHQX RS. LMD
'D ELVWH SRGHVLOL SULVWXSQLN HSRWH 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 2S. LMH <(6 3ULVWXS HSRWH <(6 $NR QD SRSLVX QHPD QLNDNYRJ EURMD RGDEHULWH 'RGDWL QRYR" <(6 8SLLWH EURM XNOMXXMXL PHXQDURGQL ]QDN L SR]LYQL EURM ]HPOMH L SULWLVQLWH <(6 3ULVWXSQLNH HSRWH PRHWH GRGDYDWL PLMHQMDWL LOL EULVDWL
1DSRPHQD 2S. LMH ]D XPHWDQMH GUXJLK VWDYNL SRSXW PHORGLMD L ]YXNRYD GRVWXSQH VX VDPR ]D 6RQ\ (UL. VVRQ IRUPDWH VOLND D QH ]D VOLNRYQH SRUXNH 3ULVWXSQLN HSRWH 9D PUHQL RSHUDWHU PRGD LPD WHOHIRQVNL EURM SULVWXSQLND HSRWH NRML YDP RPRJXXMH VODQMH SLVDQH SRUXNH QD QHNX DGUHVX HSRWH
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=D REOLNRYDQMH WHNVWD X SLVDQRM SRUX. L 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 1DSLVDWL QRYX <(6 1DSLLWH SRUXNX 2]QDLWH WHNVW NRML HOLWH REOLNRYDWL SRPL. DQMHP WLSNH ]D XJDDQMH JODVQRH SUHPD GROMH GRN VH SRPLHWH QDWUDJ SRPRX QDYLJD. LMVNH WLSNH 3ULWLVQLWH 2GDEHULWH )RUPDW WHNVWD <(6 =DWLP RGDEHULWH 6WLO WHNVWD 9HOL WHNVWD 3RUDYQDQMH LOL 1RYL RGORPDN <(6 2GDEHULWH REOLNRYDQMH WHNVWD L SULWLVQLWH <(6 6DYMHW 3ULMH SRHWND SLVDQMD SRUXNH PRHWH RGDEUDWL L REOLNRYDQMH WHNVWD
5D]PMHQD SRUXND
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2EOLNRYDQMH WHNVWD 8 SLVDQRM SRUX. L PRHWH PLMHQMDWL VWLO YHOLLQX L SRUDYQDQMH WHNVWD L L]UDLYDWL QRYH RGORPNH
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
6SUHPDQMH GROD]QLK SLVDQLK SRUXND 'ROD]QH SLVDQH SRUXNH VH VSUHPDMX X PHPRULMX WHOHIRQD . DGD VH PHPRULMD WHOHIRQD SRSXQL QRYH SLVDQH SRUXNH VH VSUHPDMX QD 6, 0 NDUWL. X 3RUXNH NRMH VX VSUHPOMHQH QD 6, 0 NDUWL. X RVWDMX WDPR GRN LK QH REULHWH
5D]PMHQD SRUXND
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=D VSUHPDQMH VWDYNL L] SLVDQH SRUXNH . DGD VX PHORGLMD WHOHIRQVNL EURM :$3 DGUHVD VOLND LOL DQLPD. LMD R]QDHQL SULWLVQLWH <(6 =DWLP RGDEHULWH VSUHPDQMH VWDYNH L SULWLVQLWH 0HORGLMD VH VSUHPD X 0RML ]YX. L 7HOHIRQVNL EURM VH VSUHPD X , PHQLN :$3 DGUHVD VH VSUHPD X 2GDEUDQH VWU 6YH VH VOLNH VSUHPDMX X 0RMH VOLNH 1DSRPHQD $QLPD. LMH VH PRJX YLGMHWL VDPR SULOLNRP XPHWDQMD VWDYNH X SLVDQX SRUXNX 3RJOHGDMWH 'D ELVWH XPHWQXOL VWDYNX X SLVDQX SRUXNX QD VWU 'XJH SRUXNH -HGQD SLVDQD SRUXND PRH LPDWL QDMYLH ]QDNRYD 0RHWH VODWL L GXOMH SRUXNH SUL HPX VH GYLMH LOL YLH SRUXND SRYH]XMH 1DSRPHQD 1DSODXMX YDP VH VYL ]DVHEQL GLMHORYL SRYH]DQLK SRUXND
=D LVNOMXLYDQMH GXJLK SRUXND 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 2S. LMH 'XJH SRUXNH <(6 RGDEHULWH , VNOMXLWL <(6
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
'D ELVWH RGUHGLOL RS. LMX SRUXNH 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 2S. LMH 2GDEHULWH RS. LMX SRUXNH L SULWLVQLWH <(6 2GDEHULWH RS. LMX LOL 3RV NRG VODQMD <(6
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'D ELVWH SURYMHULOL VWDWXV SRVODQH SRUXNH 3RPDNQLWH VH QD 3RUXNH <(6 606 <(6 3RVODQR <(6 RGDEHULWH SRUXNX SULWLVQLWH 3RND]DWL VWDWXV <(6
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'D ELVWH XSLVDOL VYRM QDGLPDN ]D DYUOMDQMH 3RPDNQLWH VH QD 3RUXNH <(6 DYUOMDQMH <(6 2GDEHULWH 1DGLPDN <(6 8SLLWH VYRM QDGLPDN NRULVWHL QDMYLH ]QDNRYD L SULWLVQLWH <(6 'D ELVWH ]DSRHOL DYUOMDQMH 3RPDNQLWH VH QD 3RUXNH <(6 DYUOMDQMH <(6 =DSRHWL QRYR <(6 8SLLWH EURM SULPDWHOMD LOL JD SUHX]PLWH L] LPHQLND SULWLVNRP QD 8SLLWH VYRMX SRUXNX L SULWLVQLWH <(6
5D]PMHQD SRUXND
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0RELOQR DYUOMDQMH )XQN. LMD PRELOQRJ DYUOMDQMD UDGL QD LVWL QDLQ NDR L DYUOMDQMH . KDW QD , QWHUQHWX 0RHWH RGDEUDWL QDGLPDN NRML VH SRMDYOMXMH QD ]DVORQX SULPDWHOMD VYDNL SXW NDG PX SRDOMHWH SRUXNX DYUOMDQMD
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
VH VYRMHP GDYDWHOMX XVOXJD ]D GRGDWQH SRGDWNH R NRGRYLPD LQIRUPD. LMD R SRGUXMX 'D ELVWH XNOMXLOL LOL LVNOMXLOL , QIRUPD. LMH R SRGUXMX 3RPDNQLWH VH QD 3RUXNH, QIR R SRGUXMX3ULMHP 'D ELVWH GRGDOL N{G LQIRUPD. LMH R SRGUXMX 3RPDNQLWH VH QD 3RUXNH, QIR R SRGUXMX3RSLV SRUXND'RGDWL QRYR" , QIR R VWDQL. L 1HNL PUHQL RSHUDWHUL NRULVWH NDQDO LQIRUPD. LMD R VWDQL. L ]D VODQMH SRUXND VYRMLP SUHWSODWQL. LPD X RGUHHQRP PUHQRP SRGUXMX
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'D ELVWH XNOMXLOL NDQDO 3RPDNQLWH VH QD 3RUXNH, QIR R SRGUXMX, QIR R VWDQL. L 0XOWLPHGLMDOQH SRUXNH 0XOWLPHGLMDOQH SRUXNH PRJX VH VODWL QD PRELOQH WHOHIRQH L DGUHVH HSRWH NRULVWHL 006 0XOWLPHGLD 0HVVDJLQJ 6HUYL. H 8VOXJH PXOWLPHGLMDOQLK SRUXND 0XOWLPHGLMDOQD SRUXND PRH VDGUDWL WHNVW VOLNH DQLPD. LMH PHORGLMH L ]YXNRYH 7DNRHU PRHWH VODWL NRQWDNWH VWDYNH GRJDDMD L VQLPNH JRYRUD NDR SULYLWNH
5D]PMHQD SRUXND
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'D ELVWH NRULVWLOL XQDSULMHG GHILQLUDQL SUHGORDN ]D PXOWLPHGLMDOQX SRUXNX 3RPDNQLWH VH QD 3RUXNH <(6 006 <(6 3UHGOR. L <(6
5D]PMHQD SRUXND
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
5D]PMHQD SRUXND
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2S. LMH DXWRPDWVNRJ SUHX]LPDQMD 6 L]ERUQLND 3RUXNH0062S. LMH$XWRP SUHX]LP RGDEHULWH MHGQR RG VOMHGHHJ 8NOMXHQR 3RUXNH VH DXWRPDWVNL SUHX]LPDMX QD WHOHIRQ 3RWYUGLWL" 3ULWLVQLWH <(6 ]D SUHX]LPDQMH LOL 12 ]D VSUHPDQMH QD SRVOXLWHOM YDHJ PUHQRJ RSHUDWHUD , VNOMXHQR 8 'ROD]QRM SRWL VH SRMDYOMXMH VLPERO QRYH SRUXNH 2GDEHULWH SRUXNX L SULWLVQLWH <(6 ]D SUHX]LPDQMH 1DSRPHQD 3URYMHULWH NRG VYRMHJ PUHQRJ RSHUDWHUD NROLNR SRUXND PRHWH VSUHPLWL LOL NROLNR PMHVWD LPDWH QD UDVSRODJDQMX QD PUHQRP SRVOXLWHOMX
=D SUHJOHG PXOWLPHGLMDOQH SRUXNH 3ULWLVQLWH <(6 3RUXND VH DXWRPDWVNL SULND]XMH SUHVOXDYD 3ULWLVQLWH ELOR NRMX WLSNX ]D SUHNLG . DGD VWH SUHJOHGDOL PXOWLPHGLMDOQX SRUXNX PRHWH NRULVWLWL QDYLJD. LMVNX WLSNX MR\VWL. N GD ELVWH SRQRYQR SRJOHGDOL SRUXNX . DGD MH VWDYND R]QDHQD SULWLVQLWH GD ELVWH MH VSUHPLOL X VYRM WHOHIRQ
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6ODQMH L SULPDQMH SRUXND HSRWH 2S. LMD 6ODWL L SULPDWL QXGL QDMEUL QDLQ ]D VODQMH SRUXND HSRWH VSUHPOMHQLK X 2GOD]QD SRWD L SURYMHUX QRYLK SRUXND HSRWH
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'D ELVWH RGJRYRULOL QD SRUXNX HSRWH 2WYRULWH SRUXNX HSRWH 3RVWDYLWH SRND]LYD XQXWDU WHNVWD L SULWLVQLWH 2GDEHULWH 2GJRYRULWL LOL 2GJRYRU VYLPD <(6 2GDEHULWH 1DSLVDWL QRYX LOL 8NOM RYDM 606 GD ELVWH XNOMXLOL SRUXNX NRMX VWH SULPLOL ]DWLP SULWLVQLWH <(6 8SLLWH SRUXNX L SULWLVQLWH <(6
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. RULWHQMH PRELOQRJ , QWHUQHWD
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3ULMH SRHWND 1DMSULMH YDP MH SRWUHEQR VOMHGHH 7HOHIRQVND SUHWSODWD NRMD SRGUDYD SULMHQRV SRGDWDND , VSUDYQD SRGHHQMD ]D PRELOQL , QWHUQHW :$3 LLOL NRPXQLND. LMX SXWHP HSRWH 3RJOHGDMWH 3RGHDYDQMH PRELOQRJ , QWHUQHWD QD VWU 5HJLVWUD. LMD NDR :$3 NRULVQLNNRULVQLN HSRWH NRG VYRMHJ PUHQRJ RSHUDWHUD LOL GDYDWHOMD XVOXJD 1DSRPHQD 3RJOHGDMWH 3RGHHQMD UDXQD (SRWH QD VWU LOL (SRWD QD VWU ]D YLH LQIRUPD. LMD R SRGHDYDQMX HSRWH L UD]PMHQL SRUXND
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9D WHOHIRQ RSUHPOMHQ MH :$3 :LUHOHVV $SSOL. DWLRQ 3URWR. RO 3UHJOHGQLNRP L VXVWDYRP ]D NRPXQL. LUDQMH SXWHP HSRWH NRML VX GL]DMQLUDQL GD EL GRQLMHOL PRGLIL. LUDQH , QWHUQHW VDGUDMH QD YD WHOHIRQ 'RVWXSDQ YDP MH LURN DVRUWLPDQ XVOXJD SULPMHUL. H QRYRVWL ]DEDYD YR]QL UHGRYL UH]HUYD. LMH WHOHEDQNLQJ HWUJRYLQD SR]L. LRQLUDQMH L HSRWD
. RULWHQMH PRELOQRJ , QWHUQHWD
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. RULWHQMH PRELOQRJ , QWHUQHWD
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1DSRPHQD 9HOLLQH GDWRWHND QH VPLMX SULMHL NROLLQX VORERGQH PHPRULMH X WHOHIRQX SRJOHGDMWH 0HPRULMD QD VWU ]D YLH LQIRUPD. LMD :$3 3XVK SRUXNH 0RHWH SULPDWL :$3 3XVK SRUXNH SXWHP :$3 XVOXJD 7R ]QDL GD YDP GDYDWHOM XVOXJH DOMH :$3 VDGUDM LQIRUPD. LMH QD YD WHOHIRQ D GD YL SUL WRPH QH WUHEDWH QLWD SRGX]LPDWL 0RHWH SULPMHUL. H GRELYDWL QRYRVWL LOL QRYD :$3 SRGHHQMD RG YDHJ GDYDWHOMD XVOXJH
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. RULWHQMH PRELOQRJ , QWHUQHWD
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6SUHPOMHQH LQIRUPD. LMH 8 VYRM WHOHIRQ PRHWH VSUHPLWL VOMHGHH LQIRUPD. LMH 3UHGPHPRULMD SREROMDYD XLQNRYLWRVW PHPRULMH =DSRUNH SREROMDYD EU]LQX SULVWXSD SRVOXLWHOMX . RODLL SREROMDYD EU]LQX SULVWXSD VWUDQL. DPD
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. RULWHQMH PRELOQRJ , QWHUQHWD
'RGDWQH PRJXQRVWL
3RGDWNRYQL SR]LYL 3RGDWNRYQL SR]LYL 'D ELVWH PRJOL XSXLYDWL SRGDWNRYQH SR]LYH PRUDWH SRYH]DWL VYRM WHOHIRQ V UDXQDORP D ]DWLP SRNUHQXWL RGJRYDUDMXL SURJUDP QD UDXQDOX 3ULPDQMH SRGDWNRYQLK SR]LYD 3RVWXSDN SULPDQMD SRGDWNRYQLK SR]LYD RYLVL R YDRM PUHL L SUHWSODWL $NR LPDWH RGYRMHQH EURMHYH ]D JODVRYQH L SRGDWNRYQH SR]LYH YD WHOHIRQ H SUHSR]QDWL YUVWX SR]LYD
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'D ELVWH SRGHVLOL DODUP 3RPDNQLWH VH QD 2UJDQL]DWRU <(6 %XGLOL. D <(6 $ODUP LOL 3RQDYOM DODUP <(6 8SLLWH YULMHPH <(6 L GDQ DNR VH SRQDYOMD WDNR GD VH SRPDNQHWH L SULWLVQHWH <(6 'D ELVWH SURPLMHQLOL YULMHPH DODUPD SRPDNQLWH VH QD 2UJDQL]DWRU%XGLOL. D$ODUP1RYR YULMHPH 3ULWLVQLWH ELOR NRMX WLSNX GD ELVWH LVNOMXLOL ]YXN DODUPD GRN ]YRQL $NR QH HOLWH GD VH DODUP SRQRYL SULWLVQLWH <(6
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%XGLOL. D $ODUP VH PRH SRGHVLWL QD ]YRQMDYX X RGUHHQR YULMHPH X URNX RG VDWD LOL WDNR GD RSHWRYDQR ]YRQL X RGUHHQR YULMHPH QHNROLNR UD]OLLWLK GDQD 2ED WD DODUPD PRHWH SRGHVLWL QD LVWR YULMHPH DN L DNR VWH SRGHVLOL WHOHIRQ QD 1HXMQR ]YXN DODUPD L RGEURMDYDQMD YUHPHQD H VH XWL %XGLOL. D ]YRQL L NDG MH WHOHIRQ LVNOMXHQ
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'D ELVWH NRULVWLOL NDONXODWRU 3RPDNQLWH VH QD 2UJDQL]DWRU <(6 . DONXODWRU <(6 =QDPHQNH PRHWH XSLVDWL V WLSNRYQL. H L QD VOMHGHH QDLQH 3ULWLVQLWH GD ELVWH GRELOL [ 3ULWLVQLWH GD ELVWH L]EULVDOL ]QDPHQNX 3ULWLVQLWH ]D XSLV GH. LPDOQH WRNH LOL ]QDND 3ULWLVQLWH <(6 GD ELVWH L]UDXQDOL UH]XOWDW LVWR WR L 3ULWLVQLWH ]D VSUHPDQMH X PHPRULMX 3ULWLVQLWH ]D SR]LYDQMH L] PHPRULMH 'RJDDML 3UDWLWH YDQH VWYDUL NRMH PRUDWH REDYLWL 'RJDDMH PRHWH GRGDYDWL SUHUDVSRUHLYDWL PLMHQMDWL VODWL LOL EULVDWL
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'D ELVWH SRHOL VQLPDWL 3RPDNQLWH VH QD =DEDYD L LJUH <(6 6QLPNH JRYRUD <(6 6QLPDQMH ]DSRLQMH D QD ]DVORQX VH SRND]XMH 6QLPDQMH ]DMHGQR V WUDMDQMHP VQLPNH NRMH VH SRYHDYD 1DSRPHQD 6QLPNH VH VSUHPDMX X =DEDYD L LJUH 0RML ]YX. L
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6QLPNH JRYRUD 3RPRX IXQN. LMH 6QLPNH JRYRUD PRHWH VQLPDWL YODVWLWH SRGVMHWQLNH LOL WHOHIRQVNH UD]JRYRUH 6YL VXGLRQL. L UD]JRYRUD VH DXWRPDWVNL VQLPDMX 6QLPDQMH VH SUHNLGD DNR ELOR NRML RG VXJRYRUQLND SUHNLQH SR]LY 6QLPNH JRYRUD VH VSUHPDMX X YDHP PRELOQRP WHOHIRQX L PRH LP VH SULVWXSLWL DN L DNR SURPLMHQLWH VYRMX 6, 0 NDUWL. X 1DSRPHQD 8 QHNLP GUDYDPD LOL VDYH]QLP GUDYDPD ]DNRQRP VWH REYH]QL L]YLMHVWLWL RVREX V NRMRP UD]JRYDUDWH GD HWH MH VQLPDWL
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1DSRPHQD 3ULWLVQLWH LJUDPD
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3RJUHDQ 3, 13RJUHDQ 3, 1 8SLVDOL VWH QHLVSUDYDQ 3, 1 LOL 3, 1 8SLLWH LVSUDYDQ 3, 1 LOL 3, 1 ]DWLP SULWLVQLWH <(6 3RJOHGDMWH =DNOMXDYDQMH 6, 0 NDUWL. H QD VWU . RGRYL VH QH VODX . DGD HOLWH SURPLMHQLWL VLJXUQRVQL N{G SULPMHUL. H VYRM 3, 1 PRUDWH SRWYUGLWL QRYL N{G WDNR GD JD SRQRYQR XSLHWH 'YD N{GD NRMD VWH XSLVDOL QLVX LVWL 3RJOHGDMWH =DNOMXDYDQMH 6, 0 NDUWL. H QD VWU 3, 1 EORNLUDQ3, 1 EORNLUDQ 7UL VWH SXWD X]DVWRS. H QHLVSUDYQR XSLVDOL VYRM 3, 1 LOL 3, 1 =D GHEORNLUDQMH SRJOHGDMWH =DNOMXDYDQMH 6, 0 NDUWL. H QD VWU 38. EORNLUDQ -DYLWH VH RSHUDWHUX 6YRM RVREQL N{G ]D GHEORNLUDQMH 38. VWH QHLVSUDYQR XSLVDOL SXWD X]DVWRS. H -DYLWH VH VYRMHP PUHQRP RSHUDWHUX LOL GDYDWHOMX XVOXJH
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=D EULVDQMH VSUHPOMHQLK GDWRWHND LOL SRGDWDND <(6 2GDEHULWH GDWRWHNX LOL SRGDWNH L SULWLVQLWH 2GDEHULWH RS. LMX SRGL]ERUQLND LOL QDSUHGQX RS. LMX ]D EULVDQMH 1DSRPHQD 1HNH WYRUQLNL SRGHHQH GDWRWHNH L SRGD. L QH PRJX VH EULVDWL
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=D ]DPMHQX SUHGQMH PDVNH 3ULWLVQLWH L GULWH JXPE EUDYL. H QD YUKX WHOHIRQD , ]YX. LWH SUHGQMX PDVNX GUHL MH VD VWUDQH 9UDWLWH WLSNRYQL. X QD PMHVWR 1DVORQLWH GQR QRYH SUHGQMH PDVNH QD WHOHIRQ L JXUQLWH JRUQML GLR SRNORS. D SUHPD XQXWUD GRN QH NOMR. QH QD PMHVWR 1DSRPHQD 3RJOHGDMWH 6PMHUQL. H ]D VLJXUQX L XLQNRYLWX XSRUDEX QD VWU ]D YLH LQIRUPD. LMD
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