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41"
-0$,*/( 8*5) */4*%& -0$, ,/0#
5P MPDL UIF EPPS JOEJWJEVBMMZ NPWF UIF
JOTJEF MPDL LOPC UP UIF MPDL QPTJUJPO
*
UIFO DMPTF UIF EPPS
5P VOMPDL NPWF UIF JOTJEF MPDL LOPC UP UIF
VOMPDL QPTJUJPO
*
8IFO MPDLJOH UIF EPPS XJUIPVU BO *OUFMMJ
HFOU ,FZ CF TVSF OPU UP MFBWF UIF
*OUFMMJHFOU ,FZ JOTJEF UIF WFIJDMF
+719
-0$,*/( 8*5) 108&3 %003 -0$,
48*5$)
0QFSBUJOH UIF QPXFS EPPS MPDL TXJUDI XJMM
MPDL PS VOMPDL BMM UIF EPPST BOE USVOL MJE
5IF TXJUDIFT BSF MPDBUFE PO UIF ESJWFST
BOE GSPOU QBTTFOHFST EPPS BSNSFTUT
5P MPDL UIF EPPST BOE USVOL MJE QVTI UIF
QPXFS EPPS MPDL TXJUDI UP UIF MPDL QPTJUJPO
*
XJUI UIF ESJWFST PS GSPOU QBTTFOHFST
EPPS PQFO UIFO DMPTF UIF EPPS
8IFO MPDLJOH UIF EPPS UIJT XBZ CF DFSUBJO
OPU UP MFBWF UIF *OUFMMJHFOU ,FZ JOTJEF UIF
WFIJDMF
5P VOMPDL UIF EPPST JODMVEJOH UIF GVFMGJMMFS
EPPS BOE USVOL MJE QVTI UIF QPXFS EPPS
MPDL TXJUDI UP UIF VOMPDL QPTJUJPO
*
-PDLPVU QSPUFDUJPO
8IFO UIF QPXFS EPPS MPDL TXJUDI JT NPWFE
UP UIF MPDL QPTJUJPO BOE BOZ EPPS PQFO BMM
EPPST XJMM MPDL BOE VOMPDL BVUPNBUJDBMMZ
8JUI UIF *OUFMMJHFOU ,FZ MFGU JO UIF WFIJDMF
BOE BOZ EPPS PQFO BMM EPPST XJMM VOMPDL
BVUPNBUJDBMMZ BOE B DIJNF XJMM TPVOE BGUFS
UIF EPPS JT DMPTFE
5IFTF GVODUJPOT IFMQ UP QSFWFOU UIF *O
UFMMJHFOU ,FZ GSPN CFJOH BDDJEFOUBMMZ
MPDLFE JOTJEF UIF WFIJDMF
"650."5*$ %003 -0$,4
. "MM EPPST BOE USVOL MJE MPDL BVUPNBUJ
DBMMZ XIFO UIF WFIJDMF TQFFE SFBDIFT
.1) LNI
. "MM EPPST BOE USVOL MJE VOMPDL BVUPNB
UJDBMMZ XIFO UIF JHOJUJPO TXJUDI JT
QMBDFE JO UIF 0'' QPTJUJPO PS XIFO UIF
TIJGU MFWFS JT NPWFE UP UIF 1 1BSL
QPTJUJPO JG TFMFDUFE
1SFESJWJOH DIFDLT BOE BEKVTUNFOUT
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