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    To`bo Blrps / QERV@

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    Zoaorohbos

    ? _.R.B. >22:(j)(?) `hf (7)

    BRZR `hf AOZR N`hfjllk

    Bn`ptors :4 `hf :0

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    Ljmobtevos

    Efohteay QERV@ sorvebo `hf

    Efohteay To`bo Blrps sorvebo

    _hforst`hf hf jo jio tl oxpi`ehnlw To`bo Blrps/QERV@ foplsets `ro

    blcputof

    Oxpi`eh tno oaaobt la hlt p`yehg `To`bo Blrps/QERV@ foplset

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    Wn`t es QERV@

    @coreBlrps QERV@ es tno h`telh`i sorveboprlgr`c foseghof spobeaeb`iiy tl aegnt

    plvorty=

    @utnlrezof eh 0516

    Aluhfof s Qliuhtoors eh Rorvebo tl

    @coreb` eh 051?

    QERV@ w`s ehblrplr`tof ehtl tno

    @coreBlrps hotwlrk la prlgr`cs eh

    0552

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    Wn`t @coreBlrps QERV@ Cocjors Fl

    @coreBlrps QERV@ cocjors ievo `hf

    sorvo eh slco la lur h`telhs pllrost

    urj`h `hf rur`i `ro`s

    Vnoy bro`to lr oxp`hf prlgr`cs

    foseghof tl jrehg ehfevefu`is `hf

    blccuheteos lut la plvorty

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    Wn`t @coreBlrps QERV@ Cocjors Fl

    O`bn QERV@ cocjor c`kos yo`r-ilhg, auii-teco blccetcoht tl sorvo lh

    ` spobeaeb prlmobt `t ` hlhprlaet

    lrg`hez`telh lr pujieb `gohby

    Eh roturh alr tnoer sorvebo, @coreBlrps

    QERV@ cocjors roboevo ` clfost

    ievehg `iilw`hbo `hf no`itn johoaetsfurehg tnoer sorvebo

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    Wn`t es To`bo Blrps

    Eh 0510, Trosefoht Mlnh A. Kohhofy

    ost`jiesnof tno To`bo Blrps tl

    prlclto wlrif po`bo `hf areohfsnep

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    Cesselh

    Vno To`bo Blrps' cesselh n`s tnroosecpio gl`is=

    Noipehg tno polpio la ehtorostof

    bluhtreos eh cootehg tnoer hoof alr

    tr`ehof coh `hf wlcoh

    Noipehg prlclto ` jottor uhforst`hfehg

    la @coreb`hs lh tno p`rt la tno polpios

    sorvof Noipehg prlclto ` jottor uhforst`hfehg

    la ltnor polpios lh tno p`rt la

    @coreb`hs

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    Gohor`i Zuio

    Wnoh ` To`bo Blrps lr QERV@ vliuhtoorjoblcos ocpilyof eh ` Aofor`i beveie`h

    plsetelh `ator poralrcehg auii-teco sorvebo

    `s ` vliuhtoor lr vliuhtoor io`for wetn

    tno To`bo Blrps lr QERV@=

    R`tesa`btlry vliuhtoor sorvebo es

    gohor`iiy brofet`jio alr BRZR uhfortno s`co blhfetelhs tn`t `ppiy tl `

    porelf lr porelfs la hlhfofubtelh

    sorvebo

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    Gohor`i Zuio

    R`tesa`btlry vliuhtoor sorvebo

    poralrcof `t `hy teco prelr tl

    sop`r`telh, ea ` foplset n`s jooh c`fo

    alr tno sorvebo es gohor`iiy brofet`jioalr AOZR

    Rorvebo brofet es hlt `iilwof alr tr`ehehg

    porelfs prelr tl `btu`i ohrliicoht

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    Gohor`i Zuio

    @ foplset es roquerof eh lrfor tl ljt`eh

    sorvebo brofet alr QERV@ vliuhtoorsorvebo alr wnebn tno vliuhtoor bnlso

    tl roboevo `h ofub`telh`i `w`rf eh ieou

    la ` stepohf

    Vno foplset es j`sof uplh tno `cluht

    la tno stepohf tn`t wluif n`vo joohroboevof ea no/sno n`f oiobtof tl

    roboevo tno stepohf r`tnor tn`h `h

    ofub`telh`i `w`rf

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    Trelr tl T.I. 042->:

    Eh tno p`st, ea `h ocpilyoo lr tnoer

    survevlrs woro ohtetiof tl lif-`go lr

    survevlr johoaets arlc Rlbe`i Roburety,

    brofet alr To`bo Blrps/QERV@ vliuhtoor

    sorvebo w`s oieceh`tof arlc tno `hhuety

    blcput`telh, ovoh ea ` foplset w`s c`fo

    alr tno sorvebo

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    T. I. 042->:

    Tujieb I`w 042->:, tno H`telh`i `hf

    Blccuhety Rorvebo Vrust @bt la 0552

    `hf Flcosteb Qliuhtoor Rorvebo @bt

    @cohfcohts la 0552, clfeaeof tno

    tro`tcoht la To`bo Blrps `hf QERV@

    vliuhtoor sorvebo sl tn`t et es secei`r tl

    tn`t la ceiet`ry sorvebo

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    BRZR Tro 04-40->: Rorvebo

    Foplset p`ef prelr tl roterocoht=

    To`bo Blrps/QERV@ sorvebo es auiiy

    brofet`jio alr oiegejeiety `hf

    blcput`telh purplsos

    Foplset hlt p`ef prelr tl roterocoht=

    LTC weii sohf iottor gevehg tno

    ocpilyoo lr survevlr `hf lpplrtuhety tl

    p`y tno foplset

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    BRZR Tro 04-40->: Rorvebo

    Foplset hlt p`ef `hf `hhuet`ht es lr

    es wetneh ? clhtns la RR@ oiegejeiety=

    B`so weii jo ehete`iiy prlbossof wetnlut

    brofet alr sorvebo LTC weii bnobk wetn RR@

    Ea oiegejio alr RR@ johoaets hl brofet b`h

    jo gevoh alr sorvebo

    Ea hlt oiegejio alr RR@ Johoaets tno

    `hhuety weii jo rofubof jy 04% la

    foplset lwof ea et ehbro`sos tno `hhuety

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    BRZR sorvebo `s la 04-40->: lr i`tor

    Foplset p`ef= Brofet tno To`bo Blrps/QERV@

    sorvebo

    Foplset hlt p`ef=

    Hl brofet alr sorvebo b`h jo gevoh

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    AOZR To`bo Blrps/QERV@ Foplsets

    Foplset p`ef=

    Brofet tno To`bo Blrps/QERV@sorvebo

    Foplset hlt p`ef= Hl brofet alr sorvebo b`h jo gevoh

    AOZR ocpilyoos b`h p`y foplsets alrTo`bo Blrps/QERV@ sorvebo tn`t

    lbburrof lh lr `ator 40-40->5

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    Blcputehg Foplsets alr

    To`bo Blrps/QERV@ Rorvebo

    BRZR @cluht la o`rhehgs x 7%

    AOZR @cluht la o`rhehgs ^ 2%

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    :4

    Blcputehg tno Ehtorost

    Jltn BRZR & AOZR prlvefo : yo`r

    gr`bo porelf lh foplsets

    @ator tno : yo`r porelf, ehtorost es

    `bbruof `hf blcpluhfof `hhu`iiy `t

    ` v`re`jio ehtorost r`to

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    :0

    Blcputehg tno Ehtorost

    Alr ocpilyoos aerst nerof joalro04-40->2, ehtorost jogehs `bbruehg lh

    04-40->?

    Alr ocpilyoos aerst nerof lh lr `ator04-40->2, ehtorost jogehs : yo`rs arlc

    tno f`to ocpilyoo w`s aerst ocpilyof

    E t t @ i F t (E@F)

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    ::

    Ehtorost @bbru`i F`to (E@F)

    Vno f`to o`bn yo`r wnoh `bbruof

    ehtorost es `ffof tl tno `cluht la

    foplset lwof jy tno ocpilyoo

    Vno ocpilyoos aerst E@F es tno f`to 0

    yo`r `ator tno f`to tno ehtorost-aroo

    gr`bo porelf ohfs

    Vno E@F a`iis o`bn yo`r lh tno

    `hhevors`ry la tno aerst E@F uhtei tno

    foplset es p`ef

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    Blcplseto Ehtorost Z`tos

    Ehtorost r`tos `ro blcputof lh `

    b`iohf`r yo`r j`ses, M`hu`ry 0 tnrlugn

    Fobocjor 20

    Ea tno E@F esht M`hu`ry 0, tno ehtorost

    r`to weii roaiobt ` plrtelh la tno r`to alr

    tno prelr yo`r `hf ` plrtelh la tno r`to

    alr tno burroht yo`r

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    Blcplseto Ehtorost Z`tos

    Vno blcplseto r`to alr ehtorost plstehg

    es blcputof `s aliilws=

    24 (f`ys eh ` clhtn) x 2 (Lbt tnru Fob)

    214 (f`ys eh ` yo`r) 3 .:?

    Ar`btelh la ehtorost eh b`iohf`r yr

    plstehg lbburs=

    0.44-.:? 3 .7?

    B t te a B et Z t

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    :?

    Blcput`telh la Blcplseto Z`to

    alr 04-40-51 Tlstehg

    055? ehtorost r`to=7% x .:?44 3 0.7?%

    0551 ehtorost r`to=1.>7?% x .7?44 3 ?.0?12%

    Blcplseto Z`to=0.7?% + ?.0?12% 3 1.5412%

    Re iea e tn T

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    Recpieayehg tno Trlboss

    Vl secpieay tno prlboss, LTC n`s

    prop`rof Blcplseto Ehtorost Z`to

    V jios prlvefehg tno r`tos alr o`bn E@F

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    :7

    Puostelhs