Tabla de contenidos

Anuncio
i
i
i
i
'
!"$#3&%'()!+*,%'".-0/1)23%+4!"
5$675 8 OE87RS8:H9 AI2PCE>@OPA<;*TH8$:<;@2†X<;>Ž= 6HABGx;@2 616?616?61616?6@6?616?61616?616?6@6
5$675$675 A 6HG9T9; X87GMCE>{2TH8(:<;@2 Z; CE87X<; CPAI4J;@2 616?6@6?616?61616?616?6@6
5$675$6CB ZD;>Ž= 6HABGx;@2i258F476987G947A<; :I8F2FE ; 6HCEW@XY; C5;@2 6?6@6?616?61616?616?6@6
5$6CB H 87G{I 6x;PJ 8F2FEK{I O5; X<; CPAI4J;@2 6?616?6@616?616?61616?6@6?616?61616?616?6@6
5$6CG M 8F25; OPOE>@:B:I>TH87:#:BA7HN OE> 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
5$6 P U:7{I 6HGx;@2iTH8R9Q GHAI47AI>@G98F2SNT@; 2PAI4J;@2 6?6@616?616?61616?6@6?616?61616?616?6@6
5$6 PV675 =o; :<;HN O5;@2 6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
5$6 PV675$675 W N87O5;@47AI>@G98F24F>@GNx; :<;HN O5;@2 6?6@6?616?61616?616?6@6
5$6 PV6CB H 87G{I 6x;PJ 8F2 61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
5$6 PV6CBX675 W N87O5;@47AI>@G98F24F>@G:I87G{I 6x;PJ 8F2 6?6@6?616?61616?616?6@6
5$6CL 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
[ !"\-% '] (
BX675 _ GŽCPOE> T\694F47AIW@G-;:<;@2†X<;>M= 6HABGx;@2 TH8?r` 6HOPABGI 61616?6@6?616?61616?616?6@6
BX675$675 M 8R9Q GHAI47AIW@Gba >@OPXY; :rTH8(6HGx;tX<;>M= 6HABGx;TH8?/` 6HOPABGI 61616?616?6@6
BX675$6CB M A<;{I O5; XY;*TH8$8F2PC5;@TH>{2 TH8(6HGx;X<;>M= 6HABGx;*TH8?/` 6HOPABGI 6?616?6@6
BX675$6CG d 87NHOE8F2587GŽC5;@47AIW@Gea >@OPXY; :rTH87:Ya 6HG947AI>@Gx; X*AI87GŽCE>
TH86HGx;X<;>M= 6HABGx;*TH81r` 6HOPABGI 6?616?61616?6@6?616?61616?616?6@6
BX675$6 P ZD;>Ž= 6HABGx;@2iTH8@/` 6HOPABGI\E :I87G{I 6x;J 8F2 ;@2E> 47A<;@TH>{2 6?61616?616?6@6
BX6CB 1gM= 6HABR{; :I87G947A<;@2 87GŽCPOE8$X<;>Ž= 6HABGx;@2TH81/` 6HOPABGI 616?6@6?616?61616?616?6@6
BX6CBX675 ZD;>Ž= 6HABGx;@2iTH8@/` 6HOPABGYI 4F>@GV:<;47ABGŽC5;:BABX*ABC5;@T9;
87G6HG 2E>@:I>*2587GŽCPAITH> 616?6@616?616?61616?6@6?616?61616?616?6@6
BX6CBX6CB ZD;>Ž= 6HABGx;@2iTH8@/` 6HOPABGYI 4F>@G 4J; Nx;@47AIT9;@T-TH8;@4F47AIW@GVOE8F2PCPOPABG{I AIT9;
BX6CBX6CBX675 d 8F2ECPOPAI4F47AIW@G 87G 87:#X>JR ABX*AI87GŽCE>TH87:r4J;N 8,h ; : 6?6@6
BX6CBX6CBX6CB d 8F2ECPOPAI4F47AIW@G 87GV8F2E47OPABCP6HO5;iE 4J; XjHN AI>TH8(8F2PC5;@TH>*2PAlk
X6H:BCm; G98F>{2 616?6@616?616?61616?6@6?616?61616?616?6@6
i
i
5
5
G
L
O
U
U
5
B
5,P
5
L
5ZO
+^
5
U
B$c
B$L
B$f
B$U
GP
G$L
PV5
PB
PB
i
i
i
i
i
RA
BX6CBX6CBX6CG d 8F2ECPOPAI4F47AIW@GL87GL8F2E47OPABCP6HO5;jEX> RMABX*AI87GMCE>*2PABX6H:BCm;k
G98F>{2 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6
BX6CBX6CBX6 P d 8F2ECPOPAI4F47AIW@G 87GV4J; X@NHAI>TH8$8F2PC5;@TH> EX>JR ABX*AI87GŽCE>
2PABX6H:BCm; G98F>{2 6?6@616?616?61616?6@6?616?61616?616?6@6
BX6CBX6CBX6CL ZD;>=Ž6HABGx;TH8 `/6HOPABGIV4F>@G 6HGx;2E>@:<;>@Nl87O5;@47AIW@G 87G
4J;@T9;Nx;@2E> 616?6@616?616?61616?6@6?616?61616?616?6@6
BX6CBX6CG ZD;>Ž= 6HABGx;TH81`r6HOPABGI4F>@G ; :lad;Nl87CE>\NHABGx; OPAI> 616?61616?616?6@6
BX6CBX6 P W CPO5;@2†X<;>M= 6HABGx;@2 TH81r` 6HOPABGIY8=M6HABR@; :I87GMCE8F2 6?616?61616?616?6@6
BX6CG ZD;>=Ž6HABGx;@2 TH8?/` 6HOPABGYI G9>YTH87CE87OPX*ABGHAI2PC5;@2 6?61616?6@6?616?61616?616?6@6
BX6CGX675 1gM= 6HABR@; :I87G947A<;87GŽCPOE8$X<;>M= 6HABGx;@2 TH8?r` 6HOPABGI TH87CE87OPX*ABGHAI2PC5;@2
E G9>*TH87CE87OPX*ABGHAI2PC5;@2 616?6@616?616?61616?6@6?616?61616?616?6@6
BX6CGX6CB U6HCEW@XY; C5;@2i:BABG98J; :I8F2;@4F>@C5;@TH>{2 E >@OETH87Gx;@TH>@OE8F2 61616?616?6@6
BX6 P KM6HN X<;>M= 6HABGx;@2 TH8?r` 6HOPABGI 6?616?6@616?616?61616?6@6?616?61616?616?6@6
BX6CL 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
K
)4 !X
!" T"
GX675 U6HCEW@XY; C5;@2 9Q GHABCE>{2iTH87CE87OPX*ABGHAI2EC5;@2 616?616?61616?6@6?616?61616?616?6@6
GX675$675 M 8R9Q GHAI47AIW@Gba >@OPXY; : 6?616?6@616?616?61616?6@6?616?61616?616?6@6
GX675$6CB M A<;{I O5; XY;*TH8$8F2PC5;@TH>{2 6?6@616?616?61616?6@6?616?61616?616?6@6
GX675$6CG d 8F4F>@G9> 47ABX*AI87GŽCE>TH8Nx; :<;HN O5;@2 616?61616?6@6?616?61616?616?6@6
GX675$6 P 1 \CE87G92PAIW@G TH8:<;ia 6HG947AIW@G TH8CPO5; G92PAI47AIW@G[;tNx; :<;HN O5;@2 6?616?6@6
GX675$6CL H 87G{I 6x;PJ 8(OE8F4F>@G9> 47AITH>N>@O†6HG-; 6HCEW@XY; C5;i9Q GHABCE>
TH87CE87OPX*ABGHAI2PC5; 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
GX6CB Z-ABGHABX*A7h ;@47AIW@G TH8; 6HCEW@XY; C5;@2F9Q GHABCE>{2 TH87CE87OPX*ABGHAI2PC5;@2 6?61616?616?6@6
GX6CBX675 1c:BABX*ABGx;@47AIW@GTH8$8F2PC5;@TH>{2†ABGx;@4F4F8F2PA7HN :I8F2 6?6@6?616?61616?616?6@6
GX6CBX6CB US{I OP6HNx;@47AIW@G TH8$8F2PC5;@TH>{2†ABG9T\AI2ECPABG{I 6HA7HN :I8F2 6?616?61616?616?6@6
GX6CBX6CBX675 1gM= 6HABR@; :I87G947A<;YTH8$8F2PC5;@TH>{2 E ; 6HCEW@XY; C5;4F> 47AI87GŽCE8 6
GX6CBX6CBX6CB U:7SI >@OPABCPX>YTH8X*ABGHABX*A7h ;@47AIW@G 6@6?616?61616?616?6@6
GX6CG U6HCEW@XY; C5;@2 9Q GHABCE>{2†G9>YTH87CE87OPX*ABGHAI2PC5;@2 616?61616?6@6?616?61616?616?6@6
GX6CGX675 /` O5; G92EAI47AI>@G98F2 G9>*TH87CE87OPX*ABGHAI2PC5;@2 6?61616?6@6?616?61616?616?6@6
GX6CGX6CB /` O5; G92EAI47AI>@G98F2 λ 616?616?616@6?616?61616?616?6@6?61616?616?616
GX6CGX6CG M 8R9Q GHAI47AIW@Gba >@OPXY; : 6?616?6@616?616?61616?6@6?616?61616?616?6@6
GX6CGX6CGX675 M 8R9Q GHAI47AIW@Gea >@OPXY; :rTH8:<;OE87:<;@47AIW@G Λ 61616?616?616
GX6CGX6 P A 6HG947AIW@GTH8CPO5; G92PAI47AIW@G 2E>>HN OE8(Nx; :<;HN O5;@2 6@6?616?61616?616?6@6
GX6CGX6CL H 87G{I 6x;PJ 8(OE8F4F>@G9> 47AITH>N>@O†6HG-; 6HCEW@XY; C5;i9Q GHABCE>
G9>*TH87CE87OPX*ABGHAI2PC5; 616?616?6@616?616?61616?6@6?616?61616?616?6@6
GX6 P 1gM= 6HABR{; :I87G947A<;@2 87GŽCPOE8; 6HCEW@XY; C5;@2F9Q GHABCE>{2 6?61616?6@6?616?61616?616?6@6
GX6CL U:7{I 6HG9>{2†CE8F>@OE87XY;@2 25>>HN OE8; 6HCEW@XY; C5;@2 9Q GHABCE>{2 6?6@6?616?61616?616?6@6
GX6 ZD;>Ž= 6HABGx;@2 2E8F476987G947A<; :I8F2 616?616?6@616?616?61616?6@6?616?61616?616?6@6
i
i
i
PG
P L
P
PU
L$B
L$G
L$f
L$f
$c
$L
O+5
O>B
OP
O>L
O$O
O>U
O>U
f$c
f$B
fP
f
U$c
U$c
U$G
U$G
U$L
UO
5
cX5
5
c$B
5
c
5
c$U
i
i
i
i
i
GX6 X675 d 87NHOE8F2587GŽC5;@47AIW@G-TH8X<;>=M6HABGx;@2 258F476987G947A<; :I8F2 87Gba >@OPXY;
TH8C5;NH:<;@2 61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
GX6 X6CB d 87NHOE8F2587GŽC5;@47AIW@G-TH8X<;>=M6HABGx;@2 258F476987G947A<; :I8F2 87Gba >@OPXY;
TH8(T\A<;I{O5; XY;@2 TH8(8F2PC5;@TH>{2 616?616?61616?6@6?616?61616?616?6@6
GX6 X6CG 1g=M6HABR@; :I87G947A<;.EX*ABGHABX*A7h ;@47AIW@G[TH8X<;>=Ž6HABGx;@22E8F476987G947A<; :I8F2 6
GX6 O 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
K
)4 !X
!"<
! 3!
PV675 U6HCEW@XY; C5;@2;tNHAB:<;*TH87CE87OPX*ABGHAI2EC5;@2 616?616?61616?6@6?616?61616?616?6@6
PV675$675 M A<;{I O5; XY;*TH8$8F2PC5;@TH>{2 TH8(6HG ; 6HCEW@XY; C5;Y;NHAB:<; 61616?616?6@6
PV675$6CB d 8F4F>@G9> 47ABX*AI87GŽCE>TH8Nx; :<;HN O5;@2 616?61616?6@6?616?61616?616?6@6
PV675$6CG A 6HG947AIW@GTH8CPO5; G92PAI47AIW@G 2E>>HN OE8(Nx; :<;HN O5;@2 6@6?616?61616?616?6@6
PV675$6 P H 87G{I 6x;PJ 8(OE8F4F>@G9> 47AITH>N>@O†6HG-; 6HCEW@XY; C5;;NHAB:<;
TH87CE87OPX*ABGHAI2PC5; 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
PV6CB U6HCEW@XY; C5;@2;tNHAB:<;G9>*TH87CE87OPX*ABGHAI2EC5;@2 616?61616?6@6?616?61616?616?6@6
PV6CBX675 M 8R9Q GHAI47AIW@Gba >@OPXY; : 6?616?6@616?616?61616?6@6?616?61616?616?6@6
E OE8F4F>@G9> 47ABX*AI87GŽCE>
PV6CBX6CB A 6HG947AIW@GfTH8LCPO5; G92EAI47AIW@Gf2E>>HN OE8Nx; :<;HN O5;@2.m
TH8:I87G{I 6x;PJ 8F2 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
PV6CG W CPOE>{2†CPABN>{2iTH8; 6HCEW@XY; C5;@2 ;tNHAB:<; 616?616?61616?6@6?616?61616?616?6@6
PV6 P 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
!V4XZ!"
LX675 M 87OPABR{;@47AIW@G 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
LX6CB M 8R9Q GHAI47AIW@Gba >@OPXY; :rTH8:{I O5; X<; CPAI4J; 616?616?61616?6@6?616?61616?616?6@6
LX6CBX675 >@C5;@47AIW@G TH8 8 ;@4 692 6?6@616?616?61616?6@6?616?61616?616?6@6
LX6CBX6CB A >@OPXY;*2587GŽCE87G947A<; :LE 2E87GMCE87G947A<; 6?61616?6@6?616?61616?616?6@6
LX6CBX6CG H 87G{I 6x;PJ 8;@2E> 47A<;@TH>Y;t6HGx; {I O5; X<; CPAI4J; 6?6@6?616?61616?616?6@6
LX6CBX6 P A O5;@2E8F2FLE ;@2PAITH87OE>{2 6?616?6@616?616?61616?6@6?616?61616?616?6@6
LX6CBX6CL d 8F476HOE2EABRMAIT9;@T 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6
LX6CG ` ABN>{2iTH8:{I O5; X<; CPAI4J;@2 TH8 99 >@X2'E 6?616?61616?6@6?616?61616?616?6@6
LX6CGX675 O5; X<; CPAI4J;@2TH87:/CPABNl> c 6@616?616?61616?6@6?616?61616?616?6@6
LX6CGX6CB O5; X<; CPAI4J;@2TH87:/CPABNl> 5 6@616?616?61616?6@6?616?61616?616?6@6
LX6CGX6CG O5; X<; CPAI4J;@2TH87:/CPABNl> B 6@616?616?61616?6@6?616?61616?616?6@6
LX6CGX6 P O5; X<; CPAI4J;@2TH87:/CPABNl> G 6@616?616?61616?6@6?616?61616?616?6@6
LX6 P O lN >@:I8F2†TH8TH87OPABR@;@47AIW@G 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6
LX6 PV675 O5; X<; CPAI4J;@2 ; X@HN A7{I 6x;@2 6@616?616?61616?6@6?616?61616?616?6@6
LX6CL O5; X<; CPAI4J;@2 :BABX*NHA<;@2FE HN AI87G a >@OPXY;@T9;@2 6?61616?6@6?616?61616?616?6@6
LX6 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6
i
i
i
5$5
B
5$5
B
5$5,P
5$5
L
)
5
BX5
5
B$L
5
B$f
5
G$c
5
G$G
5
G$G
5
G$G
5
GP
5,Pc
5,PB
5,P'O
5,PU
5
LX5
5
LX5
5
L$B
5
L$B
5
L$G
5
L$G
5
L$G
5
L$L
5
L
5
LO
5 $c
5 $B
5 $L
5ZO+5
i
i
i
i
i
R ABABA
i
!V4XZ!".- 4 !"Z g)"D- X675 O5; X<; CPAI4J;@2TH87:#CPABNl> c EX<;>=M6HABGx;@2 TH8?`r6HOPABGI 6@6?616?61616?616?6@6 5ZO$O
X675$675 M AI2E89>*TH8(6HGx;X<;>=M6HABGx;*TH8?`r6HOPABGI;tNx; OPCPABOTH86HGx;
{I O5; X<; CPAI4J; 61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6 5
f$L
X675$6CB M AI2E89>*TH8(6HGx; {I O5; X<; CPAI4J;Y;Nx; OPCPABO TH8(6HGx;tX<;>M= 6HABGx;
TH8?/` 6HOPABGI 61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6 5
U$B
X6CB A 6HG947AI>@G98F2 OE8F476HOE2PABR{;@2 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6 5
U$L
X6CBX675 A 6HG947AI>@G98F2 OE8F476HOE2PABR@;@2 NHOPABX*ABCPABR@;@2 61616?6@6?616?61616?616?6@6 5
UO
X6CBX6CB _ G94F>@X*NH:I87CPABCP69T TH8:<;@2 a 6HG947AI>@G98F2†OE8F476HOE2PABR{;@2iNHOPABX*ABCPABR{;@2 6?6@6DB$c$G
X6CBX6CG A 6HG947AI>@G98F2 µdk OE8F476HOE2EABR@;@2 616@6?616?61616?616?6@6?61616?616?616 B$cO
X6CBX6 P A 6HG947AI>@G98F2 OE8F476HOE2PABR@;@2 E X<;>M= 6HABGx;@2iTH81r` 6HOPABGI 61616?616?6@6DB$c$f
X6CG O5; X<; CPAI4J;@2 CPABNl> 5 E ; 6HCEW@XY; C5;@2:BABG98J; :I8F2;@4F>@C5;@TH>{2 6?61616?616?6@6DBX5
c
X6CGX675 M AI2E89>[TH86HGf; 6HCEW@XY; C5;:BABG98J; : ;@4F>@C5;@TH> ;Nx; OPCPABOTH8L6HGx;
{I O5; X<; CPAI4J;TH87:#CPABN> 5 6?6@616?616?61616?6@6?616?61616?616?6@6DBX5$5
X6CGX6CB M AI2E89>*TH8(6HGx; {I O5; X<; CPAI4J;TH87:/CPABNl> 5 ;tNx; OPCPABO TH8(6HG
; 6HCEW@XY; C5;*:BABG98J; :v;@4F>@C5;@TH> 616?616?61616?6@6?616?61616?616?6@6DBX5,P
X6 P 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DBX5
g%'()!+*%"\%(3!%"
[+^
O+675 U6HCEW@XY; C5;;@2E> 47A<;@TH>;6HGx; {I O5; X<; CPAI4J;*TH87:rCPABNl> G 616?61616?616?6@6DBX5
U
O+675$675 O5; X<; CPAI4J;*TH87:rCPABNl> G ;@25>M47A<;@T9;*;6HG ; 6HCEW@XY; C5;.9Q GHABCE>
TH87CE87OPX*ABGHAI2PC5; 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$BX5
O+6CB 1 \NHOE8F2PAI>@G98F2†OE8,{I 6H:<; OE8F2 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$B$B
O+6CBX675 1gM= 6HABR@; :I87G947A<;i87GŽCPOE8"8 \NHOE8F2PAI>@G98F2#OE8,{I 6H:<; OE8F2E ; 6HCEW@XY; C5;@29Q GHAlk
CE>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$B$L
O+6CBX675$675 1 \NHOE8F2PAIW@GŒOE8,{I 6H:<; O8M= 6HABR@; :I87GMCE8; 6HGŒ; 6HCEW@XY; C5;
9Q GHABCE> 616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$B$L
O+6CBX675$6CB U6HCEW@XY; C5; 9Q GHABCE>8Ž= 6HABR{; :I87GŽCE8a;†6HGx;†8 \NHOE8F2PAIW@GOE8Rk
{I 6H:<; O 616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$B$U
O+6CBX6CB 1gM= 6HABR@; :I87G947A<; 87GŽCPOE88 NHOE8F2PAI>@G98F2/OE8,{I 6H:<; OE8F2E {I O5; X<; CPAI4J;@2?TH87:
CPABN> G 6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$G$G
O+6CBX6CBX675 O5; X<; CPAI4J;TH87:vCPABNl> G 8M= 6HABR@; :I87GMCE8*;6HGx;8 NHOE8Rk
2PAIW@GVOE8,{I 6H:<; O 6?6@616?616?61616?6@6?616?61616?616?6@6DB$G$L
O+6CG d 8F2P6HX87GVTH8:<;@2 8M= 6HABR@; :I87G947A<;@2 6@616?616?61616?6@6?616?61616?616?6@6DB$GO
O+6 P H 87XY;TH8:lN >@XjlN 8F>TH8$:I>{2†:I87G{I 6x;J 8F2 OE8,{I 6H:<; OE8F2 6@6?616?61616?616?6@6DB$G$U
O+6CL =cOE>@NHAI8FT9;@TH8F2 TH8:I>{2†:I87G{I 6x;PJ 8F2iOE8,{I 6H:<; OE8F2 61616?6@6?616?61616?616?6@6DBPB
O+6 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DBPG
i
i
i
i
i
i
i
^
i
g%'()!+*%"< % g%'%+
%"\%'3 )
%
[ )^
5
O
;
X
<
;
P
C
I
A
J
4
@
;
2
H
T
7
8
#
:
P
C
B
A
l
N
>
L
E
;
H
6
E
C
@
W
Y
X
;
5
C
@
;
2
;
H
N
B
A
<
:
;
fX675 B
6?6@6?616?61616?616?6@6DB$L$c
fX675$675 U6HCEW@XY; C5;;tNHAB:<;*8 =M6HABR@; :I87GMCE8;t6HGx; I{O5; X<; CPAI4J;YTH87:#CPABNl> B B$LX5
fX675$6CB O5; <X ; CPAI4J;*TH87:rCPABNl> B 8 =M6HABR{; :I87GŽCE8;6HG ; 6HCEW@XY; C5;;tNHAB:<; 6DB$LP
fX6CB A >@OPXY;@2 G9>@OPXY; :I8F2 TH8:<;@2 I{O5; <X ; CPAI4J;@2 TH87:/CPABN> B 6?616?61616?616?6@6DB$LO
fX6CBX675 A >@OPXY;G9>@OPXY; :vTH8 99>@X2 +E 616?61616?6@6?616?61616?616?6@6DB$L$f
fX6CBX6CB A >@OPXY;G9>@OPXY; :vTH8 OE877A Nx;@4 9 616?61616?6@6?616?61616?616?6@6DB$L$U
fX6CBX6CG UTG ; :BAI2PAI2†X8FT\A<; GŽCE@8 I{O5; <X ; CPAI4J;@287G a >@OPXY;G9>@OPXY; :
E:I>{2 ; 6HCEW@XY; C5;@2;NHAB:<;4F>@OPOE8F2ENl>@G9T\AI87GMCE8F2 616?61616?616?6@6DB$G
fX6CG H 87XY;TH:8 Nl>@jX Nl8F>TH8$:I>{2†:I87G I{6x; J 8F2 ABG9TH87Nl87G9T\AI87GMCE8F2TH87:?4F>@GŽCE8 \CE> 6DB$L
fX6 P =cOE>@NHAI8FT9;@TH8F2 TH8:I>{2†:I87G I{6x; JP8F2iABG9TH87N87G9T\AI87GŽCE8F2 TH87:r4F>@GŽCE8 \CE> 616?6@6DB$U
fX6CL Y1 JP87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DBOP
@)4 !2 3 !0- )4 3%,*
!
[
UX675 H ;t<X ;>=M6HABGx;*TH18 `r6HOPABG IY6HGHABRS87OE25; : 616?616?61616?6@6?616?61616?616?6@6DBO>f
UX675$675 H ;<X ;>=M6HABGx;*TH?8 `r6HOPABG IY6HGHABRS87OE25; : E:<;OE8F476HOE2PABR AIT9;@T 616?6@6DB$fX5
UX675$6CB U7: I{6HGx;@2†NHOE>@NHAI8FT9;@TH8F2TH8$:I>{2†:I87G I{6x; J 8F2iOE8F476HOE2PABR@; X87GMCE8
87GŽ6HX87O5; NH:I8F2 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$f$G
UX6CB =cOE>> NH:I87XY;@2 ABG9TH8F47AIT\7A NH:I8F2 616?616?6@616?616?61616?6@6?616?61616?616?6@6DB$f$f
UX6CBX675 1c:/NHOE>> NH:I87XY;TH8(:<;tNx; O5;@T9; 6?616?61616?6@6?616?61616?616?6@6DB$f$U
UX6CBX6CB W CPOE>{2†NHOE>> NH:I87XY;@2G9>*TH8F47AIT\7A NH:I8F2 6?61616?6@6?616?61616?616?6@6DB$U$c
UX6CBX6CG =cOE>> NH:I87XY;@S2 =Ž698(G9>*25>@GOE8F476HOE2PABR@; X87GMCE887GM6HX87O5; NH:I8F2 6?6@6DB$U$B
UX6CG a>@X*NH:I8 J AIT9;@TVTH8(:I>{2†NHOE>> NH:I87XY;@2 6@616?616?61616?6@6?616?61616?616?6@6DB$UP
UX6CGX675 =cOE>> NH:I87XY;@2= E = 616?6@616?616?61616?6@6?616?61616?616?6@6DB$U$L
UX6CGX6CB =cOE>> NH:I87XY;@2 N P kz4F>@X*NH:I87CE>{2 6?616?61616?616?6@6?61616?616?616 G$c$c
UX6CGX6CG W CPOE>{2†NHOE>> NH:I87XY;@2 kz4F>@X*NH:I87CE>{2 61616?616?6@6?61616?616?616 G$c
UX6 P Y1 JP87OE47AI47AI>{2 616?6@6?61616?61N6?P616?6@616?616?61616?6@6?616?61616?616?6@6DGX5,P
i
!"<4 !" -0()!V4 XZ !"
5
cX675 U6HCEW@XY; C5;@2 Q9GHABCE>{2†NHOE>> Nx; NHAB: I2ECPAI4F>{2 6?616?61616?6@6?616?61616?616?6@6DGX5 5
cX675$675 H >{2r; 6HCEW@XY; C5;@2 Q9GHABCE>{2/TH87CE87OPX*ABGHAI2PC5;@2v4F>@X> ; 6HCEW@XY; C5;@2 Q9GHlA k
CE>{2†NHOE>> Nx; NHAB: I2PCPAI4F>{2 616?6@616?616?61616?6@6?616?61616?616?6@6DG$B$c
5
cX6CB U6HCEW@XY; C5;@2 4F87:B6H:<; OE8F2 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6DG$B$c
5
cX6CG aD7:B6H:<;@2iTH8Z-4 6H:B:I>> I$9eEL=cABCPCE2 6@616?616?61616?6@6?616?61616?616?6@6DG$BP
5
cX6CGX675 U6HCEW@XY; C5e; Q9GHABCE>[TH87CE87OPX*ABGHAI2PC5;[8 =M6HABR{; :I87GŽCE8;-6HGm47ABOE476HABCE>
TH8(4FD7:B6H:<;@2 TH8Z-4 6H:B:I>> I$9eEL=cABCPCE2 61616?6@6?616?61616?616?6@6DG$B$f
5
cX6CGX6CB ABOE476HABCE>TH8$4FD7:B6H:<;@2TH8(Z-4 6H:B:I>> I$9 E=3ABCPCE2i8 =Ž6HABR{; :I87GŽCE8
;t6HG-; 6HCEW@XY; C5i
; Q9GHABCE>TH87CE87OPX*ABGHAI2PC5; 616?6@6?616?61616?616?6@6DG$G$c
5
cX6 P O5; <X ; CPAI4J;@2TH8 H ABG9TH87GHXY; ES87O 6?6@616?616?61616?6@6?616?61616?616?6@6DG$G$B
5
cX6 PV675 M R8 Q9GHAI47AIW@bG a >@OPXY; :rTH8(6HGV2PAI2PCE87XY; L 6?616?6@6?61616?616?616 G$G$L
i
i
i
i
i
i
i
i
5
cX6 PV6CB ` ABN>{2iTH8(2PAI2PCE87XY;@2 L 6?616@6?616?61616?616?6@6?61616?616?616 G$G$L
5
cX6 PV6CG UNH:BAI4J;@47AI>@G98F2 TH8(:I>{2i2EAI2PCE87XY;@2 L 6?61616?616?6@6?61616?616?616 G$G$f
) "
%+4!"\!X!V!T"\% )4 5$5$675 a>@X*NH6HC5;@47AIW@G4F>@GVX87X@NHO5; Gx;@2‡2PAI2PCE87XY;@2 P 6?616?6@6?61616?616?616 GP'O
5$5$675$675 a>@G94F87NHCE>{2;@25>M47A<;@TH>{2 ;*:<;@2i8F2PCPOP6947CP6HO5;@2 TH8$X87X@NHO5; Gx;@2 6@6DGPU
5$5$675$6CB KM6HN87OE4FD7:B6H:<;@2 616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DG$LX5
5$5$675$6CG KMAI2PCE87XY;@2 P 616?616?616?616@6?616?61616?616?6@6?61616?616?616 G$L$B
a
5$5$6CB >@X*NH6HC5;@47AIW@G4F>@G U M 6?616?6@616?616?61616?6@6?616?61616?616?6@6DG$L$f
5$5$6CG a>@X*NH6HC5;@47AIW@G476T; GŽCPAI4J; 616?616?6@616?616?61616?6@6?616?61616?616?6@6DG
@)% T"<4 !X
%'4 XZ T"<Z 3 !T"
U 675 _ GŽCPOE> T\694F47AIW@G-;:<;t:IW>{I AI4J;NHOE>@N>{2PAI47AI>@Gx; : 6?61616?6@6?616?61616?616?6@6DGO>G
U 6CB ?` 8F>@O <;*TH8 d 87:<;@47AI>@G98F2 6?616?616?6@616?616?61616?6@6?616?61616?616?6@6DGO>U
U 6CBX675 d 87:<;@47AI>@G98F2 Y
E XY; CPOPAI4F8F2 8 > >@:I8J; Gx;@2 616?6@6?616?61616?616?6@6DG$f$B
U 6CG a>@G>J 6HGŽCE>{2 GŽ6HX87O5;HN :I8F2S
E G9>GM6HX87O5;HN :I8F2 61616?6@6?616?61616?616?6@6DG$f$G
U 6 P 1YPJ 87OE47AI47AI>{2 616?6@6?61616?616?616?6@616?616?61616?6@6?616?61616?616?6@6DG$f
.2 3)(T! !
T^
% !V3 !
2 Z
)^
i
i
i
i
Descargar