Cristina Saldarriaga
December 6, 2022 | Author: Anonymous | Category: N/A
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Zmdhm j` mbgrtzmeiõl Lgbdr` j`h `sujiml`6 ETIUZILM SMGHM UMHJMTTIMNM GEKGM @luleimjg6
Ei`rtm `bpr`sm `bpr`sm r`qui`r` r`qui`r` ul préstmbg j` ==3.333 ulijmj`s bgl`tmrims (PB) (PB) pmrm ilv`rr `l ul prgy`etg prgy`etg lu`v hm `bpr` `bpr`sm sm `l` `l` r`hm r`hmeig eigl`s l`s egb` egb`re reimh imh`s `s egdr egdrmm ulm tmsm tmsm j` j` ilt`r ilt`rés és j`h j`h =;% `o`e `o`evg vg mmlum lumhh (@M) (@M) pmnmj` pmnmj`rgs rgs b`ls b`ls dms` `l hm ilogrbmeiõl jmjm, r`spglj` m hms sinui`l`s pr`nul pr`nultms6 tms6 ·Euíh `s hm msm b`lsumh j`h eréjig7, ·euíh b`lsumh7,, ·e b`lsumh7 ·eömh ömh `s `h `h sm smhjg hjg j` hm hm j j`ujm `ujm mh olmh olmh j`h s`nu s`nuljg ljg mýg7 y ·euíl ·euílg g s` pmn pmnm m sõ sõhg hg pgr pgr egle`p egle`pg g j j` ` il il` ` löb`rg 537
Ilsrueeigl`s6
=. Eglstruym `l `stm bisbm kgfm ulm tmdhm j` mbgrtmzmeiõl pmrm su préstmbg qu` ilehuym6 - Hm eugtm, hgs ilt`r`s`s pmnmjgs y `h smhjg pmrm emjm p`rigjg (`l b`s`s) Z`lnm pr`s`lt` ileuir hgs pmríb`trgs `l e`hjms s`pmrmjms (vmhgr j`h péstmbg, tmsm mlumh, löb`rg j` p`rigjgs p`rigjgs `l b`s`s), éstg egl `h l j` qu` s`m bís s`leihhg hm eglstrueeiõl j` hm tmdhm 5. Z`lnm Z`lnm `l eu`ltm eu`ltm qu` hm tmsm `stí `stí jmjm `l térbilg térbilgss j` mýgs, `s j`eir j`eir @M (`o`e (`o`evg vg mlumh), mlumh), rmzõl rmzõl pgr hm eumh eumh j` tmsm b`lsumh. 5. T`spgljm m hms pr`nultms `l hm sinui`lt` emsihhm, j`slmjm pmrm hm r`spu`stm j`h `stujimlt`.
T`spu`sm j`h 6 hm tmsm tmsm b b`lsu `lsumh `s j j` ``s=.4 =.49%. ` `hh bgltg bgl tgpmng j` hm hm `l egu egutm tm b`lsu b`lsu j`ujm eumljg s``sujiml` lmhizm `h s`nuljg mýg j`mhpmng j`9%. :4.;>: y s` ilt`r`s ul eugtm lub`rg 53.
SMTMB@ZTGU ST@UZMBG ==3333
=. SMUMT ZMUM J@ ILZ@T@U MLPMH M B@LUPMH
ZMUM MLPMH
=;%
ZMUM B@LUPMH
GZMH J@ B@U@U
5?
@M
S@TIGJG
=.59%
3 = 4
4. GDZ@L@T EPGZM B@LUPMH SMNG B@LUPMH
593:
5. ZMDHM J
593:
5 : 0 ? > ; 9 =3 == =4 =5 =: =0
=? => =; =9 43 4= 44 45 4: 40 4? 4> 4; 49 53 5= 54 55 5: 50 5?
g. @h dmleg egl `h qu` umh`s pgr 5 mýgs. Egl s `h bglg j` hm eugm r`s`s `l hm eugm
4. l mýgs y löb`rg j` ` eglv`rrhm m ulm
hgtmh `s j` hm hm j`5935. 509 `l
MBGTZIVMEIGL EPGZM
MDGLG M EMSIZMH
ILZ@T@U
UMHJG
593: 593:
45>? 4:39
=04; =:90
==3333 =3>?4: =304=0
593:
4::4
=:?=
=34>>5
593: 593: 593: 593: 593: 593: 593: 593: 593:
4:>? 40== 40:0 40;= 4?=> 4?05 4?93 4>4> 4>?0
=:4> =595 =50; =545 =4;> =40= =4=: ==>? ==5;
=3349> 9>>;? 904:= 94??3 933:5 ;>593 ;:>3= ;=9>5 >943;
593: 593: 593:
4;35 4;:4 4;;4
==33 =3?= =344
>?:30 >50?5 >3?;=
593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593: 593:
4944 49?4 533: 53:0 53;; 5=5= 5=>: 54=; 54?5 553; 550: 5:3= 5::; 5:9? 50:: 509: 5?:5 5?9: 5>:0
9;4 9:= 933 ;0; ;=? >>5 >53 ?;0 ?:= 090 003 035 :0? :3; 509 5=3 4?3 4=3 =0;
?>>09 ?:>9? ?=>95 0;>:> 00??3 04049 :9500 :?=5> :4;>: 590?? 5?4=4 54;=4 495?: 40;?; 4454: =;>53 =03;> ==595 >?:>
593: 593:
5>9> 5;03
=3? 05
5;03 3
_mhgr pr`s`l` y uurg Lgbdr` j`h `sujiml`6 ETIUZILM SMGHM UMHJMTTIMNM GEKGM @luleimjg6
Ei`rtm `bpr`sm Ei`rtm `bpr`sm `l` `l` jgs mht`rlmv mht`rlmvms ms pmrm pmrm ilv`rr ilv`rr `h `xe`lt` `xe`lt` j` j` `o`evg `o`evg q qu` u` `l`. `l`. Hm mht`rlmv mht`rlmvmm # = h` jm jm =. t`li`ljg `l eu`ltm eu`ltm ulm tmsm j`h 4.:% b`lsumh. Sgr su pmrt` hm s`nuljm s`nuljm mht`rlmvm mht`rlmvm gtgrnm =.>?; PB `l ? mýg ulm tmsm j`h =.9% b`lsumh. J` meu`rjg meu`rjg egl hm ilogrbmeiõl mlt`rigr mlt`rigr ·euí ·euíhh j` hms jgs mh`rlmt mh`rlmtvms vms `s b`fgr b`fgr pm fusqu` su r`spu`stm. r`spu`stm.
Ilsrueeigl`s6 =. T`spgljm m hm pr`nultm sghmb`lt` t`li`ljg egbg erit`rig `h vmhgr j`h jil`rg `l `h `bpg.
4. Eglstr Eglstruym uym `l `stm `stm bisb bisbmm kgfm kgfm hgs jgs `se`lm `se`lmrig rigss j j` ` meu` meu`rjg rjg m ssus us pmreu pmreuhmr hmrijm ijmj`s j`s.. M Ms`n s`nör ör`s` `s` qu` emj emjmm `s `s _mhgr Sr`s`lt` (ym qu` `s` `s `h erit`rig j` egbpmrmeiõl `ltr` hms jgs mht`rlmvms j` ilv`rsiõl). 5. Kmy jio`r`lt`s bét r`spu`stm, us` `h qu` pr``rm. :. T`spgljm m hm pr`nultm `l hm sinui`lt` emsihhm, j`slmjm pmrm hm r`spu`stm j`h `stujimlt`.
T`spu`sm j`h `sujiml`6 HM B@FGT GSEIL@U @U HM U@NPLJM SGT]P@ @L @H ST@U@LZ@, N@L@TM
SMTMB@ZTG GSEIGL= _O MÝGU B@U@U ZMUM B@LUPMH
=:3: : :; 4.:3%
GSEIGL4 _O MÝGU B@U@U ZMUM B@LUPMH
=>?; ? >4 =.93%
_MHGT ST@U@LZ@ J@ @UZM GSEIGL _S ::9.>0 ::9.>:>90
_MHGT ST@U@LZ@ J@ @UZM GSEIGL _S :00.9> :00.9>:9;
3: PB `l : mýgs, s, t`li`ljg `l eu`ltm rm hm `bpr`sm7,
`lmrig ilehuym `h gjgs pmrm hh`nmr m hm
MU T@LZMDIHIJMJ.
ZIT y _SL Lgbdr` j`h `sujiml`6 ETIUZILM SMGHM UMHJMTTIMNM GEKGM @luleimjg6
Ei`rtm Ei`r tm `bpr`sm `bpr`sm `l` `l` egbg mht`r mht`rlmv lmvms ms j` ilv`rsi ilv`rsiõl õl hgs prgy` prgy`etgs etgs M y D p`rg p`rg sõhg sõhg pu`j` ilv`r ilv`rr r `l ulg ulg j` ` `xehuy`lt`s). Hgs Hgs ufgs j` emfm emfm j` emjm ulg j` hgs prgy`etgs sgl egbg s` `luleiml `luleiml m egllumeiõl egllumeiõl `l hm kgf gpgrtulijmj (ZIG) `s j`h =4%. ·Eu ·Euíh íh ` `ss `h vm vmhgr hgr pr` pr`s`l s`l` ` l`g l`g y hm msm msm il` il`rlm rlm j` r`g r`grlg rlg j` hhgs gs j jgs gs prgy prgy`e `e pmrm hm `bpr`sm7, fusqu` su r`spu`stm.
Ilsrueeigl`s6
=. Emhe Emheuh` uh` `l `stm `stm bisbm bisbm kgfm kgfm `h vmhgr vmhgr pr pr`s` `s`lt` lt` l`tg l`tg (_SL (_SL)) y hm tmsm tmsm ilt`r ilt`rlm lm j j` ` r`tg r`tgrl rlg g (ZIT (ZIT)) pmrm pmrm emjm emjm mht`r mht`r 4. Smrm `h eíheuhg j` hm ZIT, ms`nör`s` j` uhizmr mh b`lgs b`lgs jgs j`eibmh`s `l hms e`hjms e`hjms j` @xe`h. 5. T`spgljm T`spgljm m hms hms pr`nultms pr`nultms `l `l hm sinui`l sinui`lt` t` emsihhm, emsihhm, j`sl j`slmjm mjm pmrm pmrm hm r`spu`s r`spu`stm tm j`h `stuji `stujimlt` mlt` (t (t`lnm `lnm `l `l eu` eumh s` kme` ul mlíhisis eglfultg j`h _SL y j` hm ZIT).
T`spu`sm j`h `sujiml`6 J@H STGY@EZG M Z@L@BGU _SL2490 Y ZIT2=>%, J@H
_SL2 _S L255 554 4 Y ZI ZIT2 T2=? =?%. %. @U BM BMUU E EGL GL_@ _@LI LI@L @LZ@ Z@ @U @H STGY STGY@E @EZG ZG D S SGT GT]P ]P@@ N@
ZI G
=4% S`rigjgs 3 = 4 5 : 0 ? > ; 9 =3 _SL ZIT
Srgy`etg M
Srgy`etg D -=:33 -=933 533 590 533 590 533 590 533 590 533 590 533 590 533 590 533 590 533 590 533 590 490 554 =>% =?%
hhgs (hgs prgy`etgs sgl butumb`lt` m j` eíheuhg y hm tmsm j` ilt`rés j` gs7, ·euíh `s `h bís eglv`li`l`
mvm. tm hm h`eeiõl j`h bõjuhg ?, `l hm
STGY@EZG D Z@L@BGU L@TM BMYGT _SL.
^MEE - ZIT - _SL Lgbdr` j`h `sujiml`6 ETIUZILM SMGHM UMHJMTTIMNM GEKGM @luleimjg6
Pl prgy`e prgy`etg tg `l` `l` ul egstg egstg ilieim ilieimhh j` 43.333 43.333 ulijmj`s ulijmj`s bgl`tmrim bgl`tmrimss (PB) (PB) y s` lmlei lmleimm j` hm ssinui inui`lt` `lt` ogr ogr (pmtribglig). (pmtribgli g). U` `sbm `sbm qu` `h prgy`et prgy`etg g n`l`rmrí n`l`rmrí hgs sinui` sinui`lt`s lt`s ufgs ufgs j` emfm6 emfm6 `l `h prib`r prib`r mýg >.333 >.333 P `l `h eumrtg mýg 9.033 PB, `l `h quiltg mýg 4.033 PB. Mjieiglmhb`lt`, `h egstg j`h pmtribglig (A`) `s j`h =3% y hm tmsm j` ibpu`stgs `s j`h 50%. U`nöl hg mlt`rigr, ·euíh `s `h ^MEE j`h prgy`eg7, ·euíh `s ul prgy`eg vimdh`7, fusqu` su r`spu`stm.
Ilsrueeigl`s6
=. Eglstruym `l `stm bisbm kgfm ulm tmdhm egl hgs ufgs j` emfm emfm pmrm `h `h prgy`etg. prgy`etg. M Ms`nö s`nör`s` r`s` q qu` u` hm tmdh tmdh emjm ulg j` hgs p`rigjgs. 4. Emheuh` `h ^MEE y ös`hg egbg tmsm j` j`seu`ltg pmrm j`t`rbilmr si `h prgy`etg prgy`etg `s vimdh` g lg. Smrm `strueturm j` lmleimbi`ltg lmleimbi`ltg (r`eu`rj` (r`eu`rj` qu` `h ^MEE `s ul prgb`jig pglj`rmjg pglj`rmjg y qu` pmrm `st` emsg ` r` r`eu eu`r `rsg sgss prgp prgpig igss qu qu` ` egl egl j` j`uj ujm) m).. 5. Em Emhe heuh uh` ` hm tm tmsm sm ilt` ilt`rl rlmm j` r qu` emheuhõ egbg su tmsm j` j`seu`ltg). :. T`spgljm m hms pr`nultms `l hm sinui`lt` emsihhm, j`slmjm pmrm hm r`spu`stm j`h `stujimlt`.
T`spu`sm j`h `sujiml`6 @H ^MEE ^MEE @U J@ JHM @ =3.;= =3.;=%. _ _SL SL @U 4>= PB Y HM ZMUM%. ZMUM J@@HJ J@UEP @UEP@LZ @LZG G @U B@L B@LGT GTZIT M H@
IL_@TUIGL ILIEIMH J@PJM SMZTIBGLIG % J@PJM % SMZTIBGLIG A@ AJ ZM[ ^MEE
43333 ;033 ==033 :4.0% 0>.0% =:% =3% 50%
S@TIGJG 3 = 4 5 : 0
OHPFG J@ EMFM -43333 >333 5033 :033 9033 4033
_SL
4>=
=3.;=%
ZIT
==%
m6 ;.033 PB egl j`ujm y `h r`stg egl ilv`rsiglistms , `l `h s`nuljg mýg 5.033 PB, `l `h t`re`r mýg :.033 PB, j`h =:%, `h e gstg j` hm j`ujm (Aj) mlt`s j` ibpu`stgs `s h _SL j`h prgy`eg7, ·euíh `s hm ZIT j`h prgy`eg7 y ·`s
ilhuym hgs p`rigjgs y `h ufg j` emfm egrr`spglji`lt`s egrr`spglji`lt`s m h eíheuhg j`h ^MEE, ms`nör`s` j` t`l`r `l eu`ltm hm pmreuhmr kmy bmygr lmleimeiõl egl pmtribglig g tgrlg y `h vmhgr pr`s`lt` l`tg (r`eu`rj` usmr `h ^MEE
J@ ==%. @H STGY@EZG UI @U _IMDH@ SGT]P@ ZIG.
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