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The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
� 2016 The Monotype Corporation. All Rights Reserved. Times New RomanRegularMonotype:Times New Roman Regular (Microsoft)Version 6.96TimesNewRomanPSMTTimes New Roman is a trademark of The Monotype Corporation.Monotype Type Drawing Office - Stanley Morison, Victor Lardent 1932Microsoft supplied font. You may use this font to create, display and print content as permitted by the license terms, or terms of use, of the Microsoft product, service or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew �Layout Logic� as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the �Layout Logic Software�), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 



Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:



The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.



THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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	l$� 2016 Microsoft Corporation. All Rights Reserved.
Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.CalibriRegularMicrosoft: CalibriVersion 6.18Calibri is a trademark of the Microsoft group of companies.Luc(as) de GrootCalibri is a modern sans serif family with subtle roundings on stems and corners. It features real italics, small caps, and multiple numeral sets. Its proportions allow high impact in tightly set lines of big and small text alike. Calibri's many curves and the new rasteriser team up in bigger sizes to reveal a warm and soft character.http://www.microsoft.com/typography/ctfontshttp://lucasfonts.comMicrosoft supplied font. You may use this font to create, display, and print content as permitted by the license terms or terms of use, of the Microsoft product, service, or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
http://www.microsoft.com/typography/fonts/default.aspx� 2016 Microsoft Corporation. All Rights Reserved.
Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.CalibriRegularMicrosoft: Calibri: 2005Version 6.18Calibri is a trademark of the Microsoft group of companies.Luc(as) de GrootCalibri is a modern sans serif family with subtle roundings on stems and corners. It features real italics, small caps, and multiple numeral sets. Its proportions allow high impact in tightly set lines of big and small text alike. Calibri's many curves and the new rasteriser team up in bigger sizes to reveal a warm and soft character.http://www.microsoft.com/typography/ctfontshttp://lucasfonts.comMicrosoft supplied font. You may use this font to create, display, and print content as permitted by the license terms or terms of use, of the Microsoft product, service, or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew �Layout Logic� as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the �Layout Logic Software�), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
http://www.microsoft.com/typography/fonts/default.aspx� 2016 Microsoft Corporation. All Rights Reserved.

Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.Microsoft supplied font. You may use this font to create, display, and print content as permitted by the license terms or terms of use, of the Microsoft product, service, or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.



The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 



Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:



The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.



THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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('�� 2016 The Monotype Corporation. All Rights Reserved. Times New RomanBoldMonotype:Times New Roman Bold (Microsoft)Version 6.96TimesNewRomanPS-BoldMTTimes New Roman is a trademark of The Monotype Corporation.Monotype Type Drawing Office - Stanley Morison, Victor Lardent 1932Microsoft supplied font. You may use this font to create, display and print content as permitted by the license terms, or terms of use, of the Microsoft product, service or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
� 2016 The Monotype Corporation. All Rights Reserved. Times New RomanBoldMonotype:Times New Roman Bold (Microsoft)Version 6.96TimesNewRomanPS-BoldMTTimes New Roman is a trademark of The Monotype Corporation.Monotype Type Drawing Office - Stanley Morison, Victor Lardent 1932Microsoft supplied font. You may use this font to create, display and print content as permitted by the license terms, or terms of use, of the Microsoft product, service or content in which this font was included. You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content. Any other use is prohibited.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew �Layout Logic� as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the �Layout Logic Software�), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 



Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:



The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.



THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS17 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS18 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(1)] TJ /GS19 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</Lang (zh-CN) /MCID 0 >> BDC BT /FAAADI 12 Tf 1 0 0 -1 0 20.00600052 Tm 2 Tr 0 g 0.34285715 w 0 G [<0003>] TJ ET EMC /P <</MCID 1 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 12.08399963 20.00600052 Tm 0 Tr [(Introduction)] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 77.4280014 20.00600052 Tm /GS20 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 32.20000076 cm /P <</MCID 3 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS21 gs 0 g [(   )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 27.99600029 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 30.99600029 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 45.65599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 48.65599823 19.90299988 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 90.63300323 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 93.63300323 19.90299988 Tm [(market)1(,)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 129.94900513 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 132.94900513 19.90299988 Tm [(all)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 144.94299316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 147.94299316 19.90299988 Tm [(investors)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 191.272995 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 194.272995 19.90299988 Tm [(hope)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 217.59899902 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 220.59899902 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 229.93299866 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 232.93299866 19.90299988 Tm [(earn)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 253.58099365 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 256.58099365 19.90299988 Tm [(as)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 266.57699585 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 269.57699585 19.90299988 Tm [(many)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 296.23699951 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 299.23699951 19.90299988 Tm [(profits)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 330.56698608 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 333.56698608 19.90299988 Tm [(as)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 343.56298828 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 346.56298828 19.90299988 Tm [(possible.)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 388.89700317 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 391.89700317 19.90299988 Tm [(With)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 415.89099121 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 14.65999985 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 17.65999985 51.10300064 Tm [(developm)1(ent)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 79.63999939 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 82.63999939 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 99.96600342 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 102.96600342 51.10300064 Tm [(improvem)1(ent)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 166.94999695 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 169.94999695 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 179.94599915 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 182.94599915 51.10300064 Tm [(fundament)1(al)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 242.92300415 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 245.92300415 51.10300064 Tm [(analysis)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 284.58300781 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 287.58300781 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 304.90899658 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 307.90899658 51.10300064 Tm [(techni)1(cal)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 351.21600342 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 354.21600342 51.10300064 Tm [(analysis,)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 395.87600708 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(investors)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 43.33000183 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 46.33000183 82.3030014 Tm [(seem)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 70.98600006 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 73.98600006 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 83.31999969 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 86.31999969 82.3030014 Tm [(discover)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 126.97200012 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 129.97200012 82.3030014 Tm [(some)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 155.30200195 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 158.30200195 82.3030014 Tm [(plausible)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 201.62600708 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 204.62600708 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 221.95199585 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 224.95199585 82.3030014 Tm [(feasible)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 262.26400757 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 265.26400757 82.3030014 Tm [(ways)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 289.92599487 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 292.92599487 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 302.26000977 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 305.26000977 82.3030014 Tm [(evalua)1(te)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 345.23300171 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 348.23300171 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 362.89300537 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 365.89300537 82.3030014 Tm [(asset)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 389.21899414 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 392.21899414 82.3030014 Tm [(prices.)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 423.8710022 82.3030014 Tm [(              )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 507.8710022 82.3030014 Tm /GS22 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 125.80000305 cm /P <</MCID 83 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS23 gs 0 g [(   )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(However,)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 64.98000336 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 67.98000336 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 82.63999939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 85.63999939 19.90299988 Tm [(proponents)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 138.96600342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 141.96600342 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 151.96200562 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 154.96200562 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 169.62199402 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 172.62199402 19.90299988 Tm [(Effici)1(ent)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 214.59899902 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 217.59899902 19.90299988 Tm [(Market)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 252.25100708 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 255.25100708 19.90299988 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 309.25100708 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 312.25100708 19.90299988 Tm [(\(EMH\))] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 346.90899658 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 349.90899658 19.90299988 Tm [(may)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 370.56900024 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 373.56900024 19.90299988 Tm [(tell)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 388.89700317 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 391.89700317 19.90299988 Tm [(you)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 409.89700317 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 17.99399948 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 20.99399948 51.10300064 Tm [(all)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 32.98799896 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 35.98799896 51.10300064 Tm [(your)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 57.98400116 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 60.98400116 51.10300064 Tm [(efforts)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 92.30200195 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 95.30200195 51.10300064 Tm [(are)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 109.94999695 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 112.94999695 51.10300064 Tm [(in)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 122.28399658 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 125.28399658 51.10300064 Tm [(vain.)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 148.94400024 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 151.94400024 51.10300064 Tm [(Here)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 175.25799561 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 178.25799561 51.10300064 Tm [(is)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 186.26199341 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 189.26199341 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 203.92199707 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 206.92199707 51.10300064 Tm [(joke)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 227.58200073 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 230.58200073 51.10300064 Tm [(about)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 257.24200439 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 260.24200439 51.10300064 Tm [(a)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 265.56799316 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 268.56799316 51.10300064 Tm [(finance)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 303.87701416 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 306.87701416 51.10300064 Tm [(professor)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 351.53100586 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 354.53100586 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 371.85699463 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 374.85699463 51.10300064 Tm [(his)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 388.86099243 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(student.)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 37.66400146 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 40.66400146 82.3030014 Tm [(They)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 65.31999969 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 68.31999969 82.3030014 Tm [(wander)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 103.63400269 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 106.63400269 82.3030014 Tm [(around)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 139.95599365 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 142.95599365 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 157.61599731 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 160.61599731 82.3030014 Tm [(street)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 186.602005 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 189.602005 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 206.92799377 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 209.92799377 82.3030014 Tm [(see)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 225.25 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 228.25 82.3030014 Tm [(a)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 233.57600403 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 236.57600403 82.3030014 Tm [($100)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 260.57598877 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 263.57598877 82.3030014 Tm [(bill)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 279.57800293 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 282.57800293 82.3030014 Tm [(lying)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 307.2460022 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 310.2460022 82.3030014 Tm [(on)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 322.2460022 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 325.2460022 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 339.90600586 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 342.90600586 82.3030014 Tm [(ground.)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 379.90200806 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 382.90200806 82.3030014 Tm [(When)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 411.5539856 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 14.65999985 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 17.65999985 113.50299835 Tm [(student)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 52.32400131 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 55.32400131 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 63.32799911 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 66.32800293 113.50299835 Tm [(about)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 92.98799896 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 95.98799896 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 105.3219986 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 108.3219986 113.50299835 Tm [(pick)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 128.98199463 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 131.98199463 113.50299835 Tm [(it)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 138.6499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 141.6499939 113.50299835 Tm [(up,)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 156.6499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 159.6499939 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 174.30999756 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 177.30999756 113.50299835 Tm [(professor)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 221.96400452 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 224.96400452 113.50299835 Tm [(prevents)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 265.61599731 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 268.61599731 113.50299835 Tm [(him)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 287.28399658 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 290.28399658 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 307.60998535 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 310.60998535 113.50299835 Tm [(says,)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 334.27600098 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 337.27600098 113.50299835 Tm [(�if)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 349.93200684 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 352.93200684 113.50299835 Tm [(it)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 359.6000061 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 362.6000061 113.50299835 Tm [(were)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 385.91400146 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 388.91400146 113.50299835 Tm [(reall)1(y)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 416.23001099 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 419.23001099 113.50299835 Tm [(a)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 424.55599976 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [($100)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 24 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 27 144.70300293 Tm [(bill)1(,)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 46.0019989 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 49.0019989 144.70300293 Tm [(it)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 55.66999817 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 58.66999817 144.70300293 Tm [(would)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 88.66999817 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 91.66999817 144.70300293 Tm [(not)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 107.0039978 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 110.0039978 144.70300293 Tm [(be)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 121.33000183 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 124.33000183 144.70300293 Tm [(there�)1(.)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 156.63900757 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 159.63900757 144.70300293 Tm [(The)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 178.29499817 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 181.29499817 144.70300293 Tm [(ivory-towered)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 249.27000427 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 252.27000427 144.70300293 Tm [(story)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 276.26998901 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 279.26998901 144.70300293 Tm [(tell)1(s)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 299.26800537 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 302.26800537 144.70300293 Tm [(us)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 312.93798828 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 315.93798828 144.70300293 Tm [(that)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 333.93200684 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 336.93200684 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 351.5920105 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 354.5920105 144.70300293 Tm [(professor)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 399.2460022 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(belie)1(ves)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 39.31600189 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 42.31600189 175.90299988 Tm [(all)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 54.31000137 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 57.31000137 175.90299988 Tm [(passengers)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 109.29399872 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 112.29399872 175.90299988 Tm [(are)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 126.94200134 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 129.94200134 175.90299988 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 166.59199524 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 169.59199524 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 186.91799927 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 189.91799927 175.90299988 Tm [(market)1(s)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 227.90400696 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 230.90400696 175.90299988 Tm [(are)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 245.55200195 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 248.55200195 175.90299988 Tm [(always)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 281.87399292 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 284.87399292 175.90299988 Tm [(effici)1(ent.)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 327.84698486 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 330.84698486 175.90299988 Tm [(If)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 338.83898926 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 341.83898926 175.90299988 Tm [(it)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 348.50698853 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 351.50698853 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 359.51098633 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 362.51098633 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 377.17098999 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 380.17098999 175.90299988 Tm [(real)] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 398.15301514 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 401.15301514 175.90299988 Tm [(bill)1(,)] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 420.15499878 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(others)] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 29.32600021 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 32.32600021 207.10299683 Tm [(should)] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 64.33000183 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 67.33000183 207.10299683 Tm [(have)] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 89.98200226 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 92.98200226 207.10299683 Tm [(picked)] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 124.96800232 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 127.96800232 207.10299683 Tm [(it)] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 134.63600159 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 137.63600159 207.10299683 Tm [(up.)] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 152.63600159 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 155.63600159 207.10299683 Tm [(This)] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 176.97000122 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 179.97000122 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 187.97399902 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 190.97399902 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 205.63400269 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 208.63400269 207.10299683 Tm [(simplest)] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 248.63600159 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 251.63600159 207.10299683 Tm [(impl)1(ication)] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 306.29199219 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 309.29199219 207.10299683 Tm [(of)] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 319.28799438 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 322.28799438 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 336.94799805 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 339.94799805 207.10299683 Tm [(Effici)1(ent)] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 381.92498779 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 384.92498779 207.10299683 Tm [(Market)] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 419.57699585 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(Hypothesis:)] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 57.33399963 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 60.33399963 238.30299377 Tm [(everyone)] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 104.30899811 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 107.30899811 238.30299377 Tm [(in)] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 116.64299774 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 119.64299774 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 134.30299377 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 137.30299377 238.30299377 Tm [(market)] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 170.6190033 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 173.6190033 238.30299377 Tm [(is)] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 181.6230011 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 184.6230011 238.30299377 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 221.272995 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 224.272995 238.30299377 Tm [(and)] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 241.59899902 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 244.59899902 238.30299377 Tm [(there)] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 268.58099365 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 271.58099365 238.30299377 Tm [(is)] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 279.58499146 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 282.58499146 238.30299377 Tm [(no)] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 294.58499146 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 297.58499146 238.30299377 Tm [(such)] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 319.58099365 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 322.58099365 238.30299377 Tm [(thing)] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 347.24899292 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 350.24899292 238.30299377 Tm [(as)] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 360.24499512 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 363.24499512 238.30299377 Tm [(a)] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 368.5710144 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 371.5710144 238.30299377 Tm [(free)] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 390.21600342 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 393.21600342 238.30299377 Tm [(lunch.)] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 422.87600708 238.30299377 Tm /GS24 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 375.3999939 cm /P <</MCID 338 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS25 gs 0 g [(   )] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(However,)] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 64.98000336 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 67.98000336 19.90299988 Tm [(in)] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 77.31400299 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 80.31400299 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 94.97399902 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 97.97399902 19.90299988 Tm [(early)] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 121.95600128 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 124.95600128 19.90299988 Tm [(twenty-first)] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 180.94200134 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 183.94200134 19.90299988 Tm [(century,)] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 222.92399597 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 225.92399597 19.90299988 Tm [(many)] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 252.58399963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 255.58399963 19.90299988 Tm [(behavioura)1(l)] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 312.22698975 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 315.22698975 19.90299988 Tm [(economi)1(s)-1(t)1(s)] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 369.2210083 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 372.2210083 19.90299988 Tm [(researche)1(d)] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 423.51400757 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(with)] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 21.33399963 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 24.33399963 51.10300064 Tm [(psychologists)] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 89.67199707 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 92.67199707 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 109.9980011 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 112.9980011 51.10300064 Tm [(reckoned)] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 156.9730072 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 159.9730072 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 177.96699524 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 180.96699524 51.10300064 Tm [(asset)] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 204.29299927 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 207.29299927 51.10300064 Tm [(prices)] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 235.94500732 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 238.94500732 51.10300064 Tm [(are)] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 253.59300232 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 256.59298706 51.10300064 Tm [(somewhat)] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 305.24899292 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 308.24899292 51.10300064 Tm [(predict)1(able.)] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 364.55200195 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 367.55200195 51.10300064 Tm [(They)] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 392.20800781 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(belie)1(ved)] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 40.64599991 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 43.64599991 82.3030014 Tm [(that)] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 61.63999939 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 64.63999939 82.3030014 Tm [(investors)] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 107.97000122 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 110.97000122 82.3030014 Tm [(could)] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 137.63000488 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 389 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 140.63000488 82.3030014 Tm [(adapt)] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 169.97399902 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 391 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 172.97399902 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 182.30799866 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 185.30799866 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 199.96800232 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 202.96800232 82.3030014 Tm [(market)] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 236.28399658 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 239.28399658 82.3030014 Tm [(environme)1(nt.)] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 302.93399048 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 305.93399048 82.3030014 Tm [(According)] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 356.58200073 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 359.58200073 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 368.91598511 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 371.91598511 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 386.57598877 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(principl)1(e)] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 42.65000153 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 45.65000153 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 55.64599991 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 58.64599991 113.50299835 Tm [(survival)] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 97.30599976 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 100.30599976 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 110.30200195 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 113.30200195 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 127.96199799 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 130.96200562 113.50299835 Tm [(fitte)1(s)-1(t)1(,)] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 161.28999329 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 164.28999329 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 178.94999695 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 181.94999695 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 215.26600647 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 218.26600647 113.50299835 Tm [(will)] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 236.93400574 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 239.93400574 113.50299835 Tm [(elim)1(inate)] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 284.58200073 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 287.58200073 113.50299835 Tm [(those)] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 312.9119873 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 315.9119873 113.50299835 Tm [(who)] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 336.57800293 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 339.57800293 113.50299835 Tm [(are)] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 354.22601318 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 357.22601318 113.50299835 Tm [(unable)] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 389.21200562 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 392.21200562 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 401.54598999 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(adapt)] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 25.98600006 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 28.98600006 144.70300293 Tm [(to)] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 38.31999969 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 41.31999969 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 55.97999954 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 58.97999954 144.70300293 Tm [(market)] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 92.29599762 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 95.29599762 144.70300293 Tm [(environme)1(nt.)] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 158.94599915 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 161.94599915 144.70300293 Tm [(And)] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 182.61199951 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 185.61199951 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 200.27200317 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 203.27200317 144.70300293 Tm [(principl)1(e)] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 245.92199707 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 248.92199707 144.70300293 Tm [(is)] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 256.92599487 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 259.92599487 144.70300293 Tm [(call)1(ed)] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 288.57199097 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 291.57199097 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 306.23199463 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 309.23199463 144.70300293 Tm [(Adaptive)] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 353.21798706 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 356.21798706 144.70300293 Tm [(Market)] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 390.86999512 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 54 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 57 175.90299988 Tm [(\(AMH)-1(\))] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 92.9940033 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 95.9940033 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 113.31999969 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 116.31999969 175.90299988 Tm [(its)] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 127.65799713 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 130.65800476 175.90299988 Tm [(proponents)] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 183.98399353 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 186.98399353 175.90299988 Tm [(clai)1(m)] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 213.63800049 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 216.63800049 175.90299988 Tm [(that)] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 234.63200378 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 237.63200378 175.90299988 Tm [(it)] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 244.30000305 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 247.30000305 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 255.30400085 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 258.3039856 175.90299988 Tm [(more)] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 282.95999146 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 285.95999146 175.90299988 Tm [(reali)1(s)-1(t)1(ic)] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 323.94000244 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 326.94000244 175.90299988 Tm [(than)] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 347.6000061 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 350.6000061 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 365.26000977 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 368.26000977 175.90299988 Tm [(Effici)1(ent)] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 410.23699951 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(Market)] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 34.65200043 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 37.65200043 207.10299683 Tm [(Hypothesis.)] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 94.65200043 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 97.65200043 207.10299683 Tm /GS26 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 594.79998779 cm /P <</MCID 494 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS27 gs 0 g [(   )] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(But)] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 35.33800125 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 38.33800125 19.90299988 Tm [(does)] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 60.33399963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 63.33399963 19.90299988 Tm [(it)] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 70.0019989 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 73.0019989 19.90299988 Tm [(mean)] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 98.98799896 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 101.98799896 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 116.64800262 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 119.64800262 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 147.6499939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 150.6499939 19.90299988 Tm [(is)] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 158.65400696 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 161.65400696 19.90299988 Tm [(more)] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 186.30999756 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 189.30999756 19.90299988 Tm [(accura)1(te)] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 229.27099609 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 232.27099609 19.90299988 Tm [(than)] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 252.93099976 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 255.93099976 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 270.59100342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 273.59100342 19.90299988 Tm [(EMH?)] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 305.58300781 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 308.58300781 19.90299988 Tm [(Should)] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 342.59100342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 345.59100342 19.90299988 Tm [(we)] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 359.58300781 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 362.58300781 19.90299988 Tm [(substitute)] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 408.58499146 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 14.65999985 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 17.65999985 51.10300064 Tm [(former)] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 50.30799866 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 53.30799866 51.10300064 Tm [(for)] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 67.30000305 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 70.30000305 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 84.95999908 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 87.95999908 51.10300064 Tm [(latt)1(er?)] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 117.93699646 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 120.93699646 51.10300064 Tm [(It)] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 128.26699829 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 131.26699829 51.10300064 Tm [(this)] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 148.60499573 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 151.60499573 51.10300064 Tm [(paper,)] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 181.25300598 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 184.25300598 51.10300064 Tm [(we)] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 198.24499512 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 201.24499512 51.10300064 Tm [(will)] TJ ET EMC /P <</MCID 544 >> BDC BT 1 0 0 -1 219.91299438 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 545 >> BDC BT 1 0 0 -1 222.91299438 51.10300064 Tm [(try)] TJ ET EMC /P <</MCID 546 >> BDC BT 1 0 0 -1 236.24299622 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 547 >> BDC BT 1 0 0 -1 239.24299622 51.10300064 Tm [(to)] TJ ET EMC /P <</MCID 548 >> BDC BT 1 0 0 -1 248.57699585 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 549 >> BDC BT 1 0 0 -1 251.57699585 51.10300064 Tm [(solve)] TJ ET EMC /P <</MCID 550 >> BDC BT 1 0 0 -1 276.90701294 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 551 >> BDC BT 1 0 0 -1 279.90701294 51.10300064 Tm [(these)] TJ ET EMC /P <</MCID 552 >> BDC BT 1 0 0 -1 304.56298828 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 553 >> BDC BT 1 0 0 -1 307.56298828 51.10300064 Tm [(questions.)] TJ ET EMC /P <</MCID 554 >> BDC BT 1 0 0 -1 355.89700317 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 555 >> BDC BT 1 0 0 -1 358.89700317 51.10300064 Tm /GS28 gs 0 g [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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BDC BT 1 0 0 -1 59.32600021 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 62.32600021 82.3030014 Tm [(for)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 76.31800079 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 79.31800079 82.3030014 Tm [(informat)1(ional)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 144.63200378 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 147.63200378 82.3030014 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 198.59700012 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 201.59700012 82.3030014 Tm [(We)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 218.24899292 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 221.24899292 82.3030014 Tm [(will)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 239.91700745 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 242.91700745 82.3030014 Tm [(begin)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 269.57699585 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 272.57699585 82.3030014 Tm [(with)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 293.91101074 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 296.91101074 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 311.5710144 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 314.5710144 82.3030014 Tm [(origins,)] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 350.90499878 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 353.90499878 82.3030014 Tm [(assumptions,)] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 416.24301147 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 17.32600021 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 20.32600021 113.50299835 Tm [(forms)] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 48.3219986 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 51.3219986 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 61.31800079 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 64.31800079 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 78.97799683 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 81.97799683 113.50299835 Tm [(EMH)] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 108.64399719 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 111.64399719 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 128.97000122 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 131.97000122 113.50299835 Tm [(will)] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 150.63800049 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 153.63800049 113.50299835 Tm [(also)] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 172.96800232 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 175.96800232 113.50299835 Tm [(use)] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 191.96400452 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 194.96400452 113.50299835 Tm [(empiri)1(cal)] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 240.2749939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 243.2749939 113.50299835 Tm [(analysis)] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 281.93499756 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 284.93499756 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 294.26901245 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 297.26901245 113.50299835 Tm [(test)] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 313.93301392 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 316.93301392 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 331.59298706 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 334.59298706 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 367.90899658 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 370.90899658 113.50299835 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 418.87399292 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(in)] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 9.33399963 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 12.33399963 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 26.99399948 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 29.99399948 144.70300293 Tm [(U.S.)] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 51.33399963 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 54.33399963 144.70300293 Tm [(stock)] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 79.66400146 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 82.66400146 144.70300293 Tm [(market)1(.)] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 118.98000336 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 121.98000336 144.70300293 Tm [(Then)] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 146.63600159 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 149.63600159 144.70300293 Tm [(we)] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 163.62800598 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 166.62800598 144.70300293 Tm [(will)] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 185.29600525 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 188.29600525 144.70300293 Tm [(discuss)] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 222.96600342 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 225.96600342 144.70300293 Tm [(some)] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 251.29600525 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 254.29600525 144.70300293 Tm [(chall)1(enges)] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 304.93899536 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 307.93899536 144.70300293 Tm [(that)] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 325.93301392 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 328.93301392 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 343.59298706 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 346.59298706 144.70300293 Tm [(EMH)] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 373.25900269 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 376.25900269 144.70300293 Tm [(faces)] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 400.9039917 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 403.9039917 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 421.23001099 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(some)] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 25.32999992 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 28.32999992 175.90299988 Tm [(asset)] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 51.65599823 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 54.65599823 175.90299988 Tm [(market)] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 87.97200012 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 90.97200012 175.90299988 Tm [(anomal)1(ies.)] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 142.62199402 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 145.62199402 175.90299988 Tm [(Thirdly,)] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 184.61599731 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 187.61599731 175.90299988 Tm [(we)] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 201.60800171 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 204.60800171 175.90299988 Tm [(will)] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 223.27600098 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 226.27600098 175.90299988 Tm [(introduce)] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 271.5920105 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 274.5920105 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 289.25201416 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 292.25201416 175.90299988 Tm [(origins,)] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 328.58599854 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 331.58599854 175.90299988 Tm [(assumptions,)] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 393.92401123 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 396.92401123 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 414.25 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(impl)1(ications)] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 59.32600021 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 62.32600021 207.10299683 Tm [(of)] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 72.3219986 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 75.3219986 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 89.98200226 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 92.98200226 207.10299683 Tm [(AMH.)] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 123.98400116 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 126.98400116 207.10299683 Tm [(Finall)1(y,)] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 163.98599243 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 166.98599243 207.10299683 Tm [(we)] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 180.97799683 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 183.97799683 207.10299683 Tm [(will)] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 202.64599609 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 205.64599609 207.10299683 Tm [(make)] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 231.63200378 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 234.63200378 207.10299683 Tm [(compari)1(s)-1(ons)] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 295.28799438 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 298.28799438 207.10299683 Tm [(between)] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 338.26699829 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 341.26699829 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 355.92700195 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 358.92700195 207.10299683 Tm [(two)] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 376.92700195 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 379.92700195 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 397.25299072 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 400.25299072 207.10299683 Tm [(put)] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 415.58700562 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(forward)] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 37.97999954 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 40.97999954 238.30299377 Tm [(some)] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 66.30999756 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 69.30999756 238.30299377 Tm [(opinions.)] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 113.64800262 238.30299377 Tm /GS32 gs 0 g [( )] TJ ET EMC q 1 0 0 1 18 250.6000061 cm /P <</MCID 195 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 282.79998779 cm /P <</Lang (zh-CN) /MCID 196 >> BDC BT /FAAADI 12 Tf 1 0 0 -1 0 20.00600052 Tm 2 Tr /GS33 gs 0 g 0.34285715 w 0 G [<0004>] TJ ET EMC /P <</MCID 197 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 12.08399963 20.00600052 Tm 0 Tr [(Efficie)1(n)-1(t)] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 56.06999969 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 59.06999969 20.00600052 Tm [(Market)] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 97.71800232 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 100.71800232 20.00600052 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 157.39599609 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 160.39599609 20.00600052 Tm /GS34 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 315 cm /P <</MCID 204 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS35 gs 0 g [(   )] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 36.65599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 40.7820015 19.90299988 Tm [(research)] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 80.74900055 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 84.875 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 94.8710022 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 98.99700165 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 113.65699768 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 117.78299713 19.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 144.44900513 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 148.57499695 19.90299988 Tm [(is)] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 156.57899475 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 160.70500183 19.90299988 Tm [(based)] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 188.0269928 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 192.15299988 19.90299988 Tm [(on)] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 204.15299988 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 208.27900696 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 222.93899536 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 227.06500244 19.90299988 Tm [(random)] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 263.7210083 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 267.84698486 19.90299988 Tm [(walk)] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 291.17300415 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 295.29901123 19.90299988 Tm [(hypothesis.)] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 349.63299561 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 353.75900269 19.90299988 Tm [(Broadbent)] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 403.74499512 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 407.8710022 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Kendall)] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 37.98600006 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 42.03900146 51.10300064 Tm [(\(1953\))] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 74.03099823 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 78.08399963 51.10300064 Tm [(analyz)1(e)] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 114.72299957 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 118.77600098 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 133.43600464 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 137.48899841 51.10300064 Tm [(price)] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 161.47099304 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 165.52400208 51.10300064 Tm [(volati)1(lity)] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 208.85400391 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 212.90699768 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 222.90299988 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 226.95599365 51.10300064 Tm [(wheat)] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 255.60800171 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 259.66101074 51.10300064 Tm [(futures)] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 292.98300171 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 297.03601074 51.10300064 Tm [(market)] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 330.35198975 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 334.40499878 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 351.73098755 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 355.78399658 51.10300064 Tm [(find)] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 375.11401367 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 379.16699219 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 397.16101074 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 401.21398926 51.10300064 Tm [(there)] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 425.1960144 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(exists)] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 27.33399963 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 31.60899925 82.3030014 Tm [(a)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 36.93500137 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 41.20999908 82.3030014 Tm [(stochastic)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 88.52999878 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 92.80500031 82.3030014 Tm [(trend)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 117.46099854 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 121.73600006 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 131.07000732 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 135.34500122 82.3030014 Tm [(wheat)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 163.99699402 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 168.27200317 82.3030014 Tm [(futures)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 201.59399414 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 205.8690033 82.3030014 Tm [(prices.)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 237.52099609 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 241.79600525 82.3030014 Tm [(Simil)1(arly,)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 289.46200562 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 293.73699951 82.3030014 Tm [(Fama)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 320.39700317 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 324.67199707 82.3030014 Tm [(\(1965\))] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 356.66400146 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 360.93899536 82.3030014 Tm [(exami)1(nes)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 406.25500488 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 410.52999878 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 425.19000244 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(distribut)1(ion)] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 55.33599854 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 57.84799957 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 67.84400177 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 70.35600281 113.50299835 Tm [(excess)] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 101.6740036 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 104.18599701 113.50299835 Tm [(stock)] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 129.51600647 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 132.02799988 113.50299835 Tm [(returns)] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 165.3500061 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 167.86199951 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 185.18800354 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 187.69999695 113.50299835 Tm [(conclude)1(s)] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 235.68200684 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 238.19400024 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 256.18798828 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 258.70001221 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 273.35998535 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 275.87200928 113.50299835 Tm [(stock)] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 301.20199585 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 303.71398926 113.50299835 Tm [(price)] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 327.6960144 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 330.20800781 113.50299835 Tm [(satisfies)] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 368.86801147 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 371.38000488 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 386.04000854 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 388.55200195 113.50299835 Tm [(random)] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 425.20800781 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(walk)] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 23.32600021 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 25.82600021 144.70300293 Tm [(hypothesis)] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 77.16000366 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 79.66000366 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 96.98600006 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 99.48600006 144.70300293 Tm [(it)] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 106.15399933 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 108.65399933 144.70300293 Tm [(could)] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 135.31399536 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 137.81399536 144.70300293 Tm [(not)] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 153.147995 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 155.647995 144.70300293 Tm [(make)] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 181.63400269 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 184.13400269 144.70300293 Tm [(meani)1(ngful)] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 238.78399658 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 241.28399658 144.70300293 Tm [(predict)1(ions)] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 294.60400391 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 297.10400391 144.70300293 Tm [(concerni)1(ng)] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 350.41299438 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 352.91299438 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 367.57299805 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 370.07299805 144.70300293 Tm [(future)] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 398.7250061 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 401.2250061 144.70300293 Tm [(price)] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 425.20700073 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(of)] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 9.99600029 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 12.60700035 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 27.2670002 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 29.87800026 175.90299988 Tm [(stock.)] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 58.20800018 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 60.81900024 175.90299988 Tm [(Meanwhile,)] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 117.8010025 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 120.41200256 175.90299988 Tm [(Samuelson)] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 173.07600403 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 175.68699646 175.90299988 Tm [(\(1965\))] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 207.67900085 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 210.28999329 175.90299988 Tm [(derives)] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 244.94200134 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 247.55299377 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 262.2130127 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 264.82400513 175.90299988 Tm [(theory)] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 295.48001099 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 298.09100342 175.90299988 Tm [(of)] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 308.08700562 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 310.69799805 175.90299988 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 347.34799194 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 349.95901489 175.90299988 Tm [(expect)1(ation)] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 405.26599121 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 407.87701416 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 425.20300293 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(points)] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 29.33799934 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 32.77099991 207.10299683 Tm [(out)] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 48.10499954 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 51.5379982 207.10299683 Tm [(that)] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 69.53199768 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 72.96499634 207.10299683 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 109.61499786 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 113.04799652 207.10299683 Tm [(investors)] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 156.37800598 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 159.81100464 207.10299683 Tm [(compet)1(e)] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 200.45700073 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 203.88999939 207.10299683 Tm [(in)] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 213.22399902 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 216.65699768 207.10299683 Tm [(seeking)] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 253.31300354 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 256.7460022 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 274.07199097 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 277.50500488 207.10299683 Tm [(using)] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 303.50900269 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 306.94198608 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 321.60198975 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 325.03500366 207.10299683 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 381.68899536 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 385.12200928 207.10299683 Tm [(to)] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 394.45599365 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 397.88900757 207.10299683 Tm [(affect)] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 425.19400024 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(asset)] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 23.32600021 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 26.55999947 238.30299377 Tm [(prices.)] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 58.2120018 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 61.44599915 238.30299377 Tm [(Therefore)1(,)] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 111.74299622 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 114.97699738 238.30299377 Tm [(under)] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 142.29899597 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 145.53300476 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 160.19299316 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 163.42700195 238.30299377 Tm [(assumption)] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 218.09500122 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 221.32899475 238.30299377 Tm [(of)] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 231.32499695 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 234.55900574 238.30299377 Tm [(risk-neutral)] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 289.8710022 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 293.10501099 238.30299377 Tm [(probabili)1(ties,)] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 356.09298706 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 359.32699585 238.30299377 Tm [(price)] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 383.30899048 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 386.54299927 238.30299377 Tm [(changes)] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 425.19100952 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(should)] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 32.00400162 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 34.50699997 269.50299072 Tm [(be)] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 45.83300018 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 48.33599854 269.50299072 Tm [(unforecasta)1(ble)] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 118.29699707 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 120.80000305 269.50299072 Tm [(if)] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 128.13000488 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 130.63299561 269.50299072 Tm [(the)] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 145.29299927 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 147.79600525 269.50299072 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 204.44999695 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 206.95300293 269.50299072 Tm [(and)] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 224.27900696 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 226.78199768 269.50299072 Tm [(expect)1(ations)] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 286.75900269 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 289.26199341 269.50299072 Tm [(of)] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 299.25799561 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 301.76098633 269.50299072 Tm [(all)] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 313.75500488 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 316.25799561 269.50299072 Tm [(market)] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 349.57400513 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 352.07699585 269.50299072 Tm [(partic)1(ipants)] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 408.05700684 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 410.55999756 269.50299072 Tm [(are)] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 425.20800781 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 0 300.70300293 Tm [(fully)] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 22.66399956 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 25.28100014 300.70300293 Tm [(antic)1(ipated.)] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 80.92199707 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 83.53900146 300.70300293 Tm [(In)] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 93.53500366 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 96.15200043 300.70300293 Tm [(1970,)] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 123.15200043 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 125.76899719 300.70300293 Tm [(the)] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 140.42900085 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 143.04600525 300.70300293 Tm [(EMH)] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 169.71200562 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 172.32899475 300.70300293 Tm [(was)] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 190.99099731 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 193.60800171 300.70300293 Tm [(firstly)] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 222.27200317 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 224.88900757 300.70300293 Tm [(proposed)] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 268.88101196 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 271.49798584 300.70300293 Tm [(by)] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 283.49798584 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 286.11499023 300.70300293 Tm [(Fama)] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 312.7749939 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 315.39199829 300.70300293 Tm [(\(1970\))] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 347.38400269 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 350.00100708 300.70300293 Tm [(who)] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 370.66699219 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 373.28399658 300.70300293 Tm [(defines)] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 407.93600464 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 410.55300903 300.70300293 Tm [(the)] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 425.2130127 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 0 331.90301514 Tm [(�effic)1(ient�)] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 50.625 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 53.0929985 331.90301514 Tm [(market)] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 86.40899658 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 88.8769989 331.90301514 Tm [(as)] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 98.8730011 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 101.34100342 331.90301514 Tm [(the)] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 116.00099945 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 118.46900177 331.90301514 Tm [(market)] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 151.78500366 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 154.25300598 331.90301514 Tm [(in)] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 163.58700562 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 166.05499268 331.90301514 Tm [(which)] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 195.3809967 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 197.84899902 331.90301514 Tm [(security)] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 235.83500671 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 238.30299377 331.90301514 Tm [(prices)] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 266.95498657 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 269.42300415 331.90301514 Tm [(could)] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 296.08300781 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 298.55099487 331.90301514 Tm [(�fully)] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 326.54098511 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 329.00900269 331.90301514 Tm [(reflec)1(t�)] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 364.97399902 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 367.44198608 331.90301514 Tm [(all)] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 379.43600464 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 381.9039917 331.90301514 Tm [(avail)1(able)] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 425.21099854 331.90301514 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS36 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS37 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(3)] TJ /GS38 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(informat)1(ion.)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 59.65399933 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 62.07699966 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 72.07299805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 74.4960022 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 89.15599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 91.57900238 19.90299988 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 131.55200195 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 133.9750061 19.90299988 Tm [(market)1(,)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 170.29100037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 172.71400452 19.90299988 Tm [(importa)1(nt)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 219.37199402 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 221.79499817 19.90299988 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 278.44900513 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 280.87200928 19.90299988 Tm [(could)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 307.53201294 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 309.95498657 19.90299988 Tm [(be)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 321.28100586 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 323.70401001 19.90299988 Tm [(obtaine)1(d)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 365.02398682 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 367.44699097 19.90299988 Tm [(by)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 379.44699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 381.86999512 19.90299988 Tm [(investors)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 425.20001221 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(at)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 8.65999985 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 12.01399994 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 26.67399979 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 30.02799988 51.10300064 Tm [(same)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 54.68399811 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 58.0379982 51.10300064 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 79.36599731 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 82.72000122 51.10300064 Tm [(without)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 119.38800049 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 122.74199677 51.10300064 Tm [(incurring)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 166.72799683 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 170.08200073 51.10300064 Tm [(some)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 195.41200256 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 198.76600647 51.10300064 Tm [(costs)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 222.76600647 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 226.11999512 51.10300064 Tm [(simply)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 258.79199219 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 262.14599609 51.10300064 Tm [(by)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 274.14599609 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 277.5 51.10300064 Tm [(observing)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 324.82598877 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 328.17999268 51.10300064 Tm [(prices.)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 359.83200073 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 363.18600464 51.10300064 Tm [(Fama)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 389.8460083 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 393.20001221 51.10300064 Tm [(\(1970\))] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 425.19198608 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(also)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 19.32999992 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 22.92900085 82.3030014 Tm [(classifie)1(s)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 66.91500092 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 70.51399994 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 85.1740036 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 88.77300262 82.3030014 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 145.42700195 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 149.02600098 82.3030014 Tm [(set)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 162.35600281 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 165.95500183 82.3030014 Tm [(into)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 184.6230011 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 188.22200012 82.3030014 Tm [(three)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 212.20399475 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 215.80299377 82.3030014 Tm [(level)1(s)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 243.79299927 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 247.39199829 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 256.72601318 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 260.32501221 82.3030014 Tm [(order)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 285.64300537 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 289.24200439 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 298.57598877 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 302.17498779 82.3030014 Tm [(be)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 313.50100708 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 317.1000061 82.3030014 Tm [(precise)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 351.07901001 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 354.67800903 82.3030014 Tm [(about)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 381.3380127 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 384.93701172 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 399.59698486 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 403.1960144 82.3030014 Tm [(term)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 425.18600464 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(�rele)1(vant)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 43.96900177 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 47.88199997 113.50299835 Tm [(informat)1(ion�:)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 113.19599915 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 117.10900116 113.50299835 Tm [(if)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 124.43900299 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 128.352005 113.50299835 Tm [(prices)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 157.0039978 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 160.91700745 113.50299835 Tm [(reflec)1(t)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 191.55599976 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 195.46899414 113.50299835 Tm [(all)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 207.46299744 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 211.37600708 113.50299835 Tm [(current)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 245.35499573 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 249.26800537 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 266.59399414 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 270.50698853 113.50299835 Tm [(historica)1(l)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 315.16101074 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 319.07400513 113.50299835 Tm [(price)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 343.05599976 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 346.96899414 113.50299835 Tm [(informat)1(ion,)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 406.62298584 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 410.53601074 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 425.1960144 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(market)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 33.31600189 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 36.73500061 144.70300293 Tm [(is)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 44.73899841 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 48.15800095 144.70300293 Tm [(Weak)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 76.13700104 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 79.55599976 144.70300293 Tm [(Form)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 105.55999756 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 108.97899628 144.70300293 Tm [(Effici)1(ency;)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 162.28199768 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 165.70100403 144.70300293 Tm [(if)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 173.03100586 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 176.44999695 144.70300293 Tm [(prices)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 205.102005 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 208.52099609 144.70300293 Tm [(reflec)1(t)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 239.16000366 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 242.57899475 144.70300293 Tm [(all)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 254.57299805 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 257.99200439 144.70300293 Tm [(publicl)1(y)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 297.32000732 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 300.73901367 144.70300293 Tm [(avail)1(able)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 344.04598999 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 347.46499634 144.70300293 Tm [(informat)1(ion,)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 407.11898804 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 410.53799438 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 425.19799805 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(market)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 33.31600189 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 36.04299927 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 44.04700089 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 46.77399826 175.90299988 Tm [(Semi-Strong)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 107.44200134 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 110.16899872 175.90299988 Tm [(Form)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 136.17300415 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 138.8999939 175.90299988 Tm [(Effici)1(ency;)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 192.20300293 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 194.92999268 175.90299988 Tm [(if)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 202.25999451 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 204.98699951 175.90299988 Tm [(prices)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 233.63900757 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 236.36599731 175.90299988 Tm [(reflec)1(t)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 267.00500488 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 269.73199463 175.90299988 Tm [(all)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 281.72601318 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 284.45300293 175.90299988 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 341.10699463 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 343.83401489 175.90299988 Tm [(includi)1(ng)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 389.1619873 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 391.88900757 175.90299988 Tm [(private)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 425.20498657 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(or)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 9.99600029 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 12.32699966 207.10299683 Tm [(inside)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 40.99100113 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 43.3219986 207.10299683 Tm [(informat)1(ion,)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 102.97599792 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 105.30699921 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 119.96700287 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 122.29799652 207.10299683 Tm [(market)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 155.61399841 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 157.94500732 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 165.94900513 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 168.27999878 207.10299683 Tm [(Strong)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 200.28399658 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 202.61500549 207.10299683 Tm [(Form)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 228.6190033 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 230.94999695 207.10299683 Tm [(Effici)1(ency.)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 283.91900635 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 286.25 207.10299683 Tm [(Neverthel)1(ess)-1(,)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 351.2250061 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 353.55599976 207.10299683 Tm [(Malkiel)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 390.88000488 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 393.21099854 207.10299683 Tm [(\(2003\))] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 425.20300293 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(gives)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 25.32999992 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 30.3579998 238.30299377 Tm [(a)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 35.68399811 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 40.7120018 238.30299377 Tm [(slightl)1(y)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 76.71800232 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 81.7460022 238.30299377 Tm [(different)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 123.05500031 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 128.08299255 238.30299377 Tm [(explana)1(tion)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 184.06300354 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 189.09100342 238.30299377 Tm [(about)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 215.75100708 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 220.77900696 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 235.43899536 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 240.46699524 238.30299377 Tm [(term)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 262.45700073 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 267.48498535 238.30299377 Tm [(�effic)1(iency�.)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 329.10198975 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 334.13000488 238.30299377 Tm [(He)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 348.12200928 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 353.1499939 238.30299377 Tm [(thinks)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 382.48800659 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 387.51599121 238.30299377 Tm [(that)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 405.51000977 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 410.53799438 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 425.19799805 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(market)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 33.31600189 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 39.04999924 269.50299072 Tm [(is)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 47.05400085 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 52.7879982 269.50299072 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 92.76100159 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 98.49500275 269.50299072 Tm [(if)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 105.82499695 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 111.55899811 269.50299072 Tm [(investors)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 154.88900757 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 160.6230011 269.50299072 Tm [(cannot)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 192.60899353 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 198.34300232 269.50299072 Tm [(earn)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 218.99099731 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 224.7250061 269.50299072 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 294.67401123 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 300.4079895 269.50299072 Tm [(returns)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 333.73001099 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 339.46398926 269.50299072 Tm [(without)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 376.13198853 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 381.86599731 269.50299072 Tm [(exposing)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 425.1960144 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 0 298.72900391 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 69.9489975 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 73.49700165 298.72900391 Tm [(risks.)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 99.16699982 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 102.71499634 298.72900391 Tm [(To)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 116.04499817 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 119.59300232 298.72900391 Tm [(formulat)1(e)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 166.23899841 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 169.78700256 298.72900391 Tm [(it)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 176.45500183 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 180.00300598 298.72900391 Tm [(in)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 189.33700562 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 192.88499451 298.72900391 Tm [(the)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 207.54499817 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 211.09300232 298.72900391 Tm [(CAPM)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 245.10699463 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 248.65499878 298.72900391 Tm [(model:)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 281.98300171 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 422.20001221 298.72900391 Tm [(,)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 425.20001221 298.72900391 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC q 0.5 0 0 0.5 285.53100586 289.60598755 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<0003>] TJ ET q 1 0 0 1 11.4140625 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 4.3125 0 cm Q q 1 0 0 1 0 10.6640625 cm BT 1 0 0 -1 0 18.66796875 Tm [<0004>] TJ ET Q Q Q Q EMC /P <</MCID 251 >> BDC q 0.5 0 0 0.5 294.47198486 289.60598755 cm BT /FAAAHC 24 Tf 1 0 0 -1 5.28515625 18.66796875 Tm [(=)] TJ ET Q EMC /P <</MCID 252 >> BDC q 0.5 0 0 0.5 308.72198486 289.11700439 cm BT /FAAAHE 24 Tf 1 0 0 -1 0 20.625 Tm [<0005>] TJ ET q 1 0 0 1 24 6.31347656 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 4.3125 0 cm Q q 1 0 0 1 0 9.68554688 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<0004>] TJ ET Q Q Q Q EMC /P <</MCID 253 >> BDC q 0.5 0 0 0.5 323.95599365 289.60598755 cm BT /FAAAHC 24 Tf 1 0 0 -1 5.28515625 18.66796875 Tm [(+)] TJ ET Q EMC /P <</MCID 254 >> BDC q 0.5 0 0 0.5 338.20599365 289.60598755 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<0007>] TJ ET q 1 0 0 1 14.54296875 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 4.3125 0 cm Q q 1 0 0 1 0 10.6640625 cm BT 1 0 0 -1 0 18.66796875 Tm [<0004>] TJ ET Q Q Q Q EMC /P <</MCID 255 >> BDC q 0.5 0 0 0.5 348.71200562 288.17999268 cm q 1 0 0 1 0 -3.48059559 cm q 1 0 0 1.30554199 0 0 cm BT /FAAAHC 24 Tf 1 0 0 -1 0 18.66796875 Tm [(\()] TJ ET Q Q q 1 0 0 1 9.9609375 2.85192394 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<0003>] TJ ET q 1 0 0 1 11.4140625 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 10.06054688 0 cm Q q 1 0 0 1 0 10.6640625 cm BT 1 0 0 -1 0 18.66796875 Tm [<0009>] TJ ET Q Q Q q 1 0 0 1 26.50488281 0 cm BT 1 0 0 -1 5.28515625 18.66796875 Tm [<000A>] TJ ET Q q 1 0 0 1 50.12988281 0 cm BT 1 0 0 -1 0 18.66796875 Tm [<0003>] TJ ET q 1 0 0 1 11.4140625 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 6.39257813 0 cm Q q 1 0 0 1 0 10.6640625 cm BT 1 0 0 -1 0 18.66796875 Tm [<000B>] TJ ET Q Q Q Q Q q 1 0 0 1 81.09375 -3.48059559 cm q 1 0 0 1.30554199 0 0 cm BT /FAAAHC 24 Tf 1 0 0 -1 0 18.66796875 Tm [(\))] TJ ET Q Q Q EMC /P <</MCID 256 >> BDC q 0.5 0 0 0.5 394.23901367 289.11697388 cm BT /FAAAHI 24 Tf 1 0 0 -1 12 20.625 Tm [(+)] TJ ET Q EMC /P <</MCID 257 >> BDC q 0.5 0 0 0.5 412.23901367 289.60598755 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<000D>] TJ ET q 1 0 0 1 10.921875 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 6 0 cm Q q 1 0 0 1 0 9.68554688 cm BT /FAAAHI 24 Tf 1 0 0 -1 0 20.625 Tm [(j)] TJ ET Q Q Q Q EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 0 332.00601196 Tm [(the)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 14.65999985 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 17.32699966 332.00601196 Tm [(term)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 39.31700134 332.00601196 Tm [( )] TJ ET EMC /P <</Lang (zh-CN) /MCID 262 >> BDC BT /FAAAHE 12 Tf 1 0 0 -1 44.65000153 332.00601196 Tm [<0005>] TJ ET EMC /P <</MCID 263 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 56.65000153 333.80599976 Tm [(j)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 58.8730011 333.80599976 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 60.65100098 332.00601196 Tm [(is)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 68.65499878 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 71.3219986 332.00601196 Tm [(equal)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 97.30799866 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 99.97499847 332.00601196 Tm [(to)] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 109.30899811 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 111.97599792 332.00601196 Tm [(zero)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 132.62399292 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 135.29100037 332.00601196 Tm [(if)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 142.6210022 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 145.28799438 332.00601196 Tm [(the)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 159.94799805 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 162.61500549 332.00601196 Tm [(market)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 195.93099976 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 198.5980072 332.00601196 Tm [(is)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 206.602005 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 209.26899719 332.00601196 Tm [(effici)1(ent.)] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 252.24200439 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 254.90899658 332.00601196 Tm [(So,)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 270.58300781 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 273.25 332.00601196 Tm [(he)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 284.57598877 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 287.24301147 332.00601196 Tm [(clai)1(ms)] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 318.56698608 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 321.23400879 332.00601196 Tm [(that)] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 339.22799683 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 341.89498901 332.00601196 Tm [(market)] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 375.21099854 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 377.87799072 332.00601196 Tm [(could)] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 404.53799438 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 407.20498657 332.00601196 Tm [(still)] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 425.21099854 332.00601196 Tm [( )] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 0 361.3130188 Tm [(be)] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 11.32600021 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 15.20400047 361.3130188 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 55.17699814 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 59.05500031 361.3130188 Tm [(even)] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 81.70700073 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 85.58499908 361.3130188 Tm [(though)] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 118.91899872 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 122.79699707 361.3130188 Tm [(there)] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 146.77900696 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 150.65699768 361.3130188 Tm [(exist)] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 173.32099915 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 177.19900513 361.3130188 Tm [(valuat)1(ion)] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 221.85299683 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 225.73100281 361.3130188 Tm [(errors)] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 253.71499634 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 277.51400757 361.3130188 Tm [(,)] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 280.51400757 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 284.39199829 361.3130188 Tm [(or)] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 294.38800049 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 298.26599121 361.3130188 Tm [(market)] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 331.58200073 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 335.45999146 361.3130188 Tm [(investors)] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 378.79000854 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 382.66799927 361.3130188 Tm [(are)] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 397.31600952 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 401.19400024 361.3130188 Tm [(quite)] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 425.18798828 361.3130188 Tm [( )] TJ ET EMC /P <</MCID 325 >> BDC q 0.5 0 0 0.5 257.59298706 352.19000244 cm BT /FAAAHC 24 Tf 1 0 0 -1 0 18.66796875 Tm [(\()] TJ ET q 1 0 0 1 9.9609375 0 cm BT /FAAAGI 24 Tf 1 0 0 -1 0 18.66796875 Tm [<000D>] TJ ET Q q 1 0 0 1 20.8828125 5.33496094 cm q 0.75 0 0 0.75 0 0 cm q 1 0 0 1 6 0 cm Q q 1 0 0 1 0 9.68554688 cm BT /FAAAHI 24 Tf 1 0 0 -1 0 20.625 Tm [(j)] TJ ET Q Q Q Q EMC /P <</MCID 326 >> BDC q 0.5 0 0 0.5 272.53399658 352.19000244 cm BT /FAAAHC 24 Tf 1 0 0 -1 0 18.66796875 Tm [(\))] TJ ET Q EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 0 394.30297852 Tm [(irrati)1(onal.)] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 46.97999954 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 49.73699951 394.30297852 Tm [(In)] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 59.73300171 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 62.49000168 394.30297852 Tm [(the)] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 77.15000153 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 79.90699768 394.30297852 Tm [(late)] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 97.22699738 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 99.98400116 394.30297852 Tm [(1970s,)] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 131.65400696 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 134.41099548 394.30297852 Tm [(a)] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 139.73699951 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 142.4940033 394.30297852 Tm [(neocla)1(s)-1(sic)1(al)] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 200.46699524 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 203.22399902 394.30297852 Tm [(version)] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 238.55000305 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 241.30700684 394.30297852 Tm [(of)] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 251.30299377 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 254.05999756 394.30297852 Tm [(the)] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 268.72000122 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 271.47698975 394.30297852 Tm [(EMH)] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 298.14300537 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 300.8999939 394.30297852 Tm [(came)] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 326.21200562 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 328.96899414 394.30297852 Tm [(out)] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 344.30300903 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 347.05999756 394.30297852 Tm [(and)] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 364.38598633 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 367.14300537 394.30297852 Tm [(expanded)] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 413.12200928 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 415.8789978 394.30297852 Tm [(to)] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 425.2130127 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 0 425.50299072 Tm [(accom)1(modate)] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 66.63300323 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 70.41000366 425.50299072 Tm [(risk-averse)] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 123.0510025 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 126.82800293 425.50299072 Tm [(investors)] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 170.15800476 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 173.93499756 425.50299072 Tm [(\(Lo,)] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 194.26100159 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 198.03799438 425.50299072 Tm [(2004\).)] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 229.03399658 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 232.81100464 425.50299072 Tm [(Nowadays)] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 283.46499634 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 287.24200439 425.50299072 Tm [(the)] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 301.90200806 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 305.6789856 425.50299072 Tm [(contem)1(porary)] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 372.31799316 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 376.09500122 425.50299072 Tm [(version)] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 411.42098999 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 415.19799805 425.50299072 Tm [(of)] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 425.19400024 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 0 456.70300293 Tm [(the)] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 14.65999985 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 18.17000008 456.70300293 Tm [(EMH)] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 44.83599854 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 48.34600067 456.70300293 Tm [(is)] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 56.34999847 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 59.86000061 456.70300293 Tm [(summariz)1(ed)] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 118.5059967 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 122.01599884 456.70300293 Tm [(by)] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 134.01600647 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 137.52600098 456.70300293 Tm [(Lo)] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 150.85600281 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 154.36599731 456.70300293 Tm [(and)] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 171.69200134 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 175.20199585 456.70300293 Tm [(Mackinla)1(y)] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 226.51800537 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 230.02799988 456.70300293 Tm [(\(2002\),)] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 265.01998901 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 268.52999878 456.70300293 Tm [(stating)] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 300.52801514 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 304.03799438 456.70300293 Tm [(that)] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 322.03201294 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 325.54199219 456.70300293 Tm [(asset)] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 348.86801147 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 352.37799072 456.70300293 Tm [(prices)] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 381.02999878 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 384.54000854 456.70300293 Tm [(conform)] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 425.19198608 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 0 487.90301514 Tm [(to)] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 9.33399963 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 12.4289999 487.90301514 Tm [(the)] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 27.0890007 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 30.18400002 487.90301514 Tm [(principl)1(e)] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 72.83399963 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 75.92900085 487.90301514 Tm [(of)] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 85.92500305 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 89.01999664 487.90301514 Tm [(supply)] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 121.02400208 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 124.1190033 487.90301514 Tm [(and)] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 141.44500732 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 144.53999329 487.90301514 Tm [(demand;)] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 185.86000061 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 188.95500183 487.90301514 Tm [(demand)] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 226.94099426 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 230.03599548 487.90301514 Tm [(curve)] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 256.68399048 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 259.7789917 487.90301514 Tm [(and)] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 277.10501099 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 280.20001221 487.90301514 Tm [(supply)] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 312.20401001 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 315.29901123 487.90301514 Tm [(curve)] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 341.94699097 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 345.04199219 487.90301514 Tm [(are)] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 359.69000244 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 362.78500366 487.90301514 Tm [(derived)] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 398.76699829 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 401.86199951 487.90301514 Tm [(from)] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 425.18798828 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 0 519.10302734 Tm [(investors�)] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 47.32600021 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 50.32799911 519.10302734 Tm [(and)] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 67.65399933 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 70.65599823 519.10302734 Tm [(entrepre)1(neurs�)] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 139.94900513 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 142.95100403 519.10302734 Tm [(preferenc)1(e,)] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 196.57000732 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 199.57200623 519.10302734 Tm [(and)] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 216.897995 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 219.8999939 519.10302734 Tm [(both)] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 241.23399353 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 244.23599243 519.10302734 Tm [(could)] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 270.89599609 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 273.89801025 519.10302734 Tm [(face)] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 293.87298584 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 296.875 519.10302734 Tm [(uncerta)1(in)] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 341.51800537 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 344.51998901 519.10302734 Tm [(costs)] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 368.51998901 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 371.52200317 519.10302734 Tm [(or)] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 381.51800537 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 384.51998901 519.10302734 Tm [(business)] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 425.19000244 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 0 550.30303955 Tm [(conditi)1(ons)-1(.)] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 52.9980011 550.30303955 Tm /GS39 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 562.59997559 cm /P <</MCID 463 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS40 gs 0 g [(   )] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(Actuall)1(y,)] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 62.31999969 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 66.19599915 19.90299988 Tm [(although)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 108.19000244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 112.06600189 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 126.72599792 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 130.602005 19.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 157.26800537 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 161.14399719 19.90299988 Tm [(has)] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 177.13999939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 181.01600647 19.90299988 Tm [(been)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 203.66799927 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 207.54400635 19.90299988 Tm [(constantl)1(y)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 256.86801147 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 260.74398804 19.90299988 Tm [(develope)1(d)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 310.05599976 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 313.93200684 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 331.25799561 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 335.13400269 19.90299988 Tm [(innovate)1(d,)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 385.45401001 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 389.32998657 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 403.98999023 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 407.86599731 19.90299988 Tm [(key)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 425.19198608 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(points)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 29.33799934 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 36.63000107 51.10300064 Tm [(are)] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 51.27799988 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 58.56999969 51.10300064 Tm [(unchanged.)] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 113.5490036 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 120.84100342 51.10300064 Tm [(Firstly,)] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 155.18299866 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 162.4750061 51.10300064 Tm [(all)] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 174.46899414 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 181.76100159 51.10300064 Tm [(indivi)1(dual)] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 230.42300415 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 237.71499634 51.10300064 Tm [(investors)] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 281.04501343 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 288.33700562 51.10300064 Tm [(have)] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 310.98901367 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 318.28100586 51.10300064 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 354.93099976 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 362.22299194 51.10300064 Tm [(expect)1(ations.)] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 425.20001221 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(Investors)] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 43.99200058 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 46.41500092 82.3030014 Tm [(use)] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 62.4109993 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 64.83399963 82.3030014 Tm [(fundament)1(al)] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 124.81099701 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 127.23400116 82.3030014 Tm [(analysis)] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 165.89399719 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 168.31700134 82.3030014 Tm [(\(the)] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 186.9730072 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 189.39599609 82.3030014 Tm [(analysis)] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 228.05599976 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 230.47900391 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 240.4750061 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 242.897995 82.3030014 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 284.875 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 287.29800415 82.3030014 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 343.95199585 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 346.375 82.3030014 Tm [(such)] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 368.3710022 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 370.79400635 82.3030014 Tm [(as)] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 380.79000854 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 383.2130127 82.3030014 Tm [(dividend)] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 425.20700073 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(yields,)] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 31.66399956 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 35.86399841 113.50299835 Tm [(earnings)] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 76.51599884 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 80.71600342 113.50299835 Tm [(per)] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 96.03800201 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 100.23799896 113.50299835 Tm [(shares,)] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 133.22599792 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 137.42599487 113.50299835 Tm [(etc.\))] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 158.40800476 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 162.60800171 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 171.94200134 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 544 >> BDC BT 1 0 0 -1 176.14199829 113.50299835 Tm [(earn)] TJ ET EMC /P <</MCID 545 >> BDC BT 1 0 0 -1 196.78999329 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 546 >> BDC BT 1 0 0 -1 200.99000549 113.50299835 Tm [(a)] TJ ET EMC /P <</MCID 547 >> BDC BT 1 0 0 -1 206.31599426 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 548 >> BDC BT 1 0 0 -1 210.51600647 113.50299835 Tm [(higher)] TJ ET EMC /P <</MCID 549 >> BDC BT 1 0 0 -1 241.17199707 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 550 >> BDC BT 1 0 0 -1 245.37199402 113.50299835 Tm [(return)] TJ ET EMC /P <</MCID 551 >> BDC BT 1 0 0 -1 274.02398682 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 552 >> BDC BT 1 0 0 -1 278.22399902 113.50299835 Tm [(than)] TJ ET EMC /P <</MCID 553 >> BDC BT 1 0 0 -1 298.88400269 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 554 >> BDC BT 1 0 0 -1 303.08401489 113.50299835 Tm [(those)] TJ ET EMC /P <</MCID 555 >> BDC BT 1 0 0 -1 328.41400146 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 556 >> BDC BT 1 0 0 -1 332.61401367 113.50299835 Tm [(who)] TJ ET EMC /P <</MCID 557 >> BDC BT 1 0 0 -1 353.27999878 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 558 >> BDC BT 1 0 0 -1 357.48001099 113.50299835 Tm [(just)] TJ ET EMC /P <</MCID 559 >> BDC BT 1 0 0 -1 374.81799316 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 560 >> BDC BT 1 0 0 -1 379.01800537 113.50299835 Tm [(select)] TJ ET EMC /P <</MCID 561 >> BDC BT 1 0 0 -1 406.33401489 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 562 >> BDC BT 1 0 0 -1 410.53399658 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 563 >> BDC BT 1 0 0 -1 425.19400024 113.50299835 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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R/GS302 349 0 R/GS303 350 0 R/GS304 351 0 R/GS305 352 0 R/GS306 353 0 R/GS307 354 0 R/GS308 355 0 R/GS309 356 0 R/GS310 357 0 R/GS311 358 0 R/GS312 359 0 R/GS313 360 0 R/GS314 361 0 R/GS315 362 0 R/GS316 363 0 R/GS317 364 0 R/GS318 365 0 R/GS319 366 0 R/GS320 367 0 R/GS321 368 0 R/GS322 369 0 R/GS323 370 0 R/GS324 371 0 R/GS325 372 0 R/GS326 373 0 R/GS327 374 0 R/GS328 375 0 R/GS329 376 0 R/GS330 377 0 R/GS331 378 0 R/GS332 379 0 R/GS333 380 0 R/GS334 381 0 R/GS335 382 0 R/GS336 383 0 R/GS337 384 0 R/GS338 385 0 R/GS339 386 0 R/GS340 387 0 R/GS341 388 0 R/GS342 389 0 R/GS343 390 0 R/GS344 391 0 R/GS345 392 0 R/GS346 393 0 R/GS347 394 0 R/GS348 395 0 R/GS349 396 0 R/GS350 397 0 R/GS351 398 0 R/GS352 399 0 R/GS353 400 0 R/GS354 401 0 R/GS355 402 0 R/GS356 403 0 R/GS357 404 0 R/GS358 405 0 R/GS359 406 0 R/GS360 407 0 R/GS361 408 0 R/GS362 409 0 R/GS363 410 0 R/GS364 411 0 R/GS365 412 0 R/GS366 413 0 R/GS367 414 0 R/GS368 415 0 R/GS369 416 0 R/GS370 417 0 R/GS371 418 0 R/GS372 419 0 R/GS373 420 0 R/GS374 421 0 R/GS375 422 0 R/GS376 423 0 R/GS377 424 0 R/GS378 425 0 R/GS379 426 0 R/GS380 427 0 R/GS381 428 0 R/GS382 429 0 R/GS383 430 0 R/GS384 431 0 R/GS385 432 0 R/GS386 433 0 R/GS387 434 0 R/GS388 435 0 R/GS389 436 0 R/GS390 437 0 R/GS391 438 0 R/GS392 439 0 R/GS393 440 0 R/GS394 441 0 R/GS395 442 0 R/GS396 443 0 R/GS397 444 0 R/GS398 445 0 R/GS399 446 0 R/GS400 447 0 R/GS401 448 0 R/GS402 449 0 R/GS403 450 0 R/GS404 451 0 R/GS405 452 0 R/GS406 453 0 R/GS407 454 0 R/GS408 455 0 R/GS409 456 0 R/GS41 85 0 R/GS410 457 0 R/GS411 458 0 R/GS412 459 0 R/GS413 460 0 R/GS414 461 0 R/GS415 462 0 R/GS416 463 0 R/GS417 464 0 R/GS418 465 0 R/GS419 466 0 R/GS42 86 0 R/GS420 467 0 R/GS421 468 0 R/GS422 469 0 R/GS423 470 0 R/GS424 471 0 R/GS425 472 0 R/GS426 473 0 R/GS427 474 0 R/GS428 475 0 R/GS429 476 0 R/GS43 87 0 R/GS430 477 0 R/GS431 478 0 R/GS432 479 0 R/GS433 480 0 R/GS434 481 0 R/GS435 482 0 R/GS436 483 0 R/GS437 484 0 R/GS438 485 0 R/GS439 486 0 R/GS44 88 0 R/GS440 487 0 R/GS441 488 0 R/GS442 489 0 R/GS443 490 0 R/GS444 491 0 R/GS445 492 0 R/GS446 493 0 R/GS447 494 0 R/GS448 495 0 R/GS449 496 0 R/GS45 89 0 R/GS450 497 0 R/GS451 498 0 R/GS452 499 0 R/GS453 500 0 R/GS454 501 0 R/GS455 502 0 R/GS456 503 0 R/GS457 504 0 R/GS458 505 0 R/GS459 506 0 R/GS46 90 0 R/GS460 507 0 R/GS461 508 0 R/GS462 509 0 R/GS463 510 0 R/GS464 511 0 R/GS465 512 0 R/GS466 513 0 R/GS467 514 0 R/GS468 515 0 R/GS469 516 0 R/GS47 91 0 R/GS470 517 0 R/GS471 518 0 R/GS472 519 0 R/GS473 520 0 R/GS474 521 0 R/GS475 522 0 R/GS476 523 0 R/GS477 524 0 R/GS478 525 0 R/GS479 526 0 R/GS48 92 0 R/GS480 527 0 R/GS481 528 0 R/GS482 529 0 R/GS483 530 0 R/GS484 531 0 R/GS485 532 0 R/GS486 533 0 R/GS487 534 0 R/GS488 535 0 R/GS489 536 0 R/GS49 93 0 R/GS490 537 0 R/GS491 538 0 R/GS492 539 0 R/GS493 540 0 R/GS494 541 0 R/GS495 542 0 R/GS496 543 0 R/GS497 544 0 R/GS498 545 0 R/GS499 546 0 R/GS50 94 0 R/GS500 547 0 R/GS501 548 0 R/GS502 549 0 R/GS503 550 0 R/GS504 551 0 R/GS505 552 0 R/GS506 553 0 R/GS507 554 0 R/GS508 555 0 R/GS509 556 0 R/GS51 95 0 R/GS510 557 0 R/GS511 558 0 R/GS512 559 0 R/GS513 560 0 R/GS514 561 0 R/GS515 562 0 R/GS516 563 0 R/GS517 564 0 R/GS518 565 0 R/GS519 566 0 R/GS52 99 0 R/GS520 567 0 R/GS521 568 0 R/GS522 569 0 R/GS523 570 0 R/GS524 571 0 R/GS525 572 0 R/GS526 573 0 R/GS527 574 0 R/GS528 575 0 R/GS529 576 0 R/GS53 100 0 R/GS530 577 0 R/GS531 578 0 R/GS532 579 0 R/GS533 580 0 R/GS534 581 0 R/GS535 582 0 R/GS536 583 0 R/GS537 584 0 R/GS538 585 0 R/GS539 586 0 R/GS54 101 0 R/GS540 587 0 R/GS541 588 0 R/GS542 589 0 R/GS543 590 0 R/GS544 591 0 R/GS545 592 0 R/GS546 593 0 R/GS547 594 0 R/GS548 595 0 R/GS549 596 0 R/GS55 102 0 R/GS550 597 0 R/GS551 598 0 R/GS552 599 0 R/GS553 600 0 R/GS554 601 0 R/GS555 602 0 R/GS556 603 0 R/GS557 604 0 R/GS558 605 0 R/GS559 606 0 R/GS56 103 0 R/GS560 607 0 R/GS561 608 0 R/GS562 609 0 R/GS563 610 0 R/GS564 611 0 R/GS565 612 0 R/GS566 613 0 R/GS567 614 0 R/GS568 615 0 R/GS569 616 0 R/GS57 104 0 R/GS570 617 0 R/GS571 618 0 R/GS572 619 0 R/GS573 620 0 R/GS574 621 0 R/GS575 622 0 R/GS576 623 0 R/GS577 624 0 R/GS578 625 0 R/GS579 626 0 R/GS58 105 0 R/GS580 627 0 R/GS581 628 0 R/GS582 629 0 R/GS583 630 0 R/GS584 631 0 R/GS585 632 0 R/GS586 633 0 R/GS587 634 0 R/GS588 635 0 R/GS589 636 0 R/GS59 106 0 R/GS590 637 0 R/GS591 638 0 R/GS592 639 0 R/GS593 640 0 R/GS594 641 0 R/GS595 642 0 R/GS596 643 0 R/GS597 644 0 R/GS598 645 0 R/GS599 646 0 R/GS60 107 0 R/GS600 647 0 R/GS601 648 0 R/GS602 649 0 R/GS603 650 0 R/GS604 651 0 R/GS605 652 0 R/GS606 653 0 R/GS607 654 0 R/GS608 655 0 R/GS609 656 0 R/GS61 108 0 R/GS610 657 0 R/GS611 658 0 R/GS612 659 0 R/GS613 660 0 R/GS614 661 0 R/GS615 662 0 R/GS616 663 0 R/GS617 664 0 R/GS618 665 0 R/GS619 666 0 R/GS62 109 0 R/GS620 667 0 R/GS621 668 0 R/GS622 669 0 R/GS623 670 0 R/GS624 671 0 R/GS625 672 0 R/GS626 673 0 R/GS627 674 0 R/GS628 675 0 R/GS629 676 0 R/GS63 110 0 R/GS630 677 0 R/GS631 678 0 R/GS632 679 0 R/GS633 680 0 R/GS634 681 0 R/GS635 682 0 R/GS636 683 0 R/GS637 684 0 R/GS638 685 0 R/GS639 686 0 R/GS64 111 0 R/GS640 687 0 R/GS641 688 0 R/GS642 689 0 R/GS643 690 0 R/GS644 691 0 R/GS645 692 0 R/GS646 693 0 R/GS647 694 0 R/GS648 695 0 R/GS649 696 0 R/GS65 112 0 R/GS650 697 0 R/GS651 698 0 R/GS652 699 0 R/GS653 700 0 R/GS654 701 0 R/GS655 702 0 R/GS656 703 0 R/GS657 704 0 R/GS658 705 0 R/GS659 706 0 R/GS66 113 0 R/GS660 707 0 R/GS661 708 0 R/GS662 709 0 R/GS663 710 0 R/GS664 711 0 R/GS665 712 0 R/GS666 713 0 R/GS667 714 0 R/GS668 715 0 R/GS669 716 0 R/GS67 114 0 R/GS670 717 0 R/GS671 718 0 R/GS672 719 0 R/GS673 720 0 R/GS674 721 0 R/GS675 722 0 R/GS676 723 0 R/GS677 724 0 R/GS678 725 0 R/GS679 726 0 R/GS68 115 0 R/GS680 727 0 R/GS681 728 0 R/GS682 729 0 R/GS683 730 0 R/GS684 731 0 R/GS685 732 0 R/GS686 733 0 R/GS687 734 0 R/GS688 735 0 R/GS69 116 0 R/GS70 117 0 R/GS71 118 0 R/GS72 119 0 R/GS73 120 0 R/GS74 121 0 R/GS75 122 0 R/GS76 123 0 R/GS77 124 0 R/GS78 125 0 R/GS79 126 0 R/GS80 127 0 R/GS81 128 0 R/GS82 129 0 R/GS83 130 0 R/GS84 131 0 R/GS85 132 0 R/GS86 133 0 R/GS87 134 0 R/GS88 135 0 R/GS89 136 0 R/GS90 137 0 R/GS91 138 0 R/GS92 139 0 R/GS93 140 0 R/GS94 141 0 R/GS95 142 0 R/GS96 143 0 R/GS97 144 0 R/GS98 145 0 R/GS99 146 0 R>>>>/Group<</Type/Group/S/Transparency/CS/DeviceRGB>>/StructParents 4/Tabs/S>>
endobj
84 0 obj
<</Length 72178>>stream
1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS41 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS42 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(4)] TJ /GS43 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(securiti)1(es)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 45.31600189 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 50.44800186 19.90299988 Tm [(randomly)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 96.43800354 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 101.56999969 19.90299988 Tm [(or)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 111.56600189 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 116.69799805 19.90299988 Tm [(do)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 128.69799805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 133.83000183 19.90299988 Tm [(a)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 139.15600586 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 144.28799438 19.90299988 Tm [(buy-and-hold)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 208.94000244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 214.07200623 19.90299988 Tm [(strategy.)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 255.05799866 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 260.19000244 19.90299988 Tm [(Secondly,)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 307.8500061 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 312.98199463 19.90299988 Tm [(market)1(s)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 350.96798706 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 356.1000061 19.90299988 Tm [(aggregat)1(e)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 402.73498535 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 407.86700439 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 425.19299316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(disseminat)1(e)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 56.65399933 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 60.89500046 51.10300064 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 117.5490036 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 121.79000092 51.10300064 Tm [(effici)1(ently.)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 174.09700012 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 178.33799744 51.10300064 Tm [(Once)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 203.65600586 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 207.89700317 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 222.55700684 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 226.79800415 51.10300064 Tm [(new)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 246.78999329 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 251.03100586 51.10300064 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 307.68499756 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 311.92599487 51.10300064 Tm [(is)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 319.92999268 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 324.17098999 51.10300064 Tm [(spread)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 355.48901367 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 359.73001099 51.10300064 Tm [(to)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 369.06399536 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 373.30499268 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 387.96499634 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 392.20599365 51.10300064 Tm [(public,)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 425.20001221 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(asset)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 23.32600021 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 26.32600021 82.3030014 Tm [(prices)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 54.97800064 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 57.97800064 82.3030014 Tm [(fluctua)1(te)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 99.95500183 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 102.95500183 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 120.28099823 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 123.28099823 82.3030014 Tm [(fully)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 145.94500732 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 148.94500732 82.3030014 Tm [(reflec)1(t)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 179.58399963 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 182.58399963 82.3030014 Tm [(all)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 194.57800293 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 197.57800293 82.3030014 Tm [(releva)1(nt)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 236.22099304 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 239.22099304 82.3030014 Tm [(informat)1(ion.)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 298.875 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 301.875 82.3030014 Tm /GS44 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 94.59999847 cm /P <</MCID 65 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS45 gs 0 g [(   )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(However,)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 64.98000336 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 67.33799744 19.90299988 Tm [(how)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 88.0039978 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 90.36199951 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 99.69599915 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 102.05400085 19.90299988 Tm [(use)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 118.05000305 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 120.40799713 19.90299988 Tm [(empiri)1(cal)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 165.71899414 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 168.07699585 19.90299988 Tm [(analysis)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 206.73699951 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 209.09500122 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 218.42900085 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 220.78700256 19.90299988 Tm [(test)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 237.45100403 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 239.80900574 19.90299988 Tm [(whether)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 278.45700073 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 280.81500244 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 295.4750061 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 297.83300781 19.90299988 Tm [(market)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 331.14898682 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 333.50698853 19.90299988 Tm [(is)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 341.51098633 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 343.86898804 19.90299988 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 383.8420105 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 386.20001221 19.90299988 Tm [(?)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 391.52600098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 393.88400269 19.90299988 Tm [(Baile)1(y)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 425.20800781 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(\(2005\))] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 31.99200058 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 34.53099823 51.10300064 Tm [(proposes)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 77.19300079 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 79.73200226 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 97.72599792 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 100.26499939 51.10300064 Tm [(judging)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 136.93299866 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 139.47200012 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 154.13200378 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 156.67100525 51.10300064 Tm [(market)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 189.98699951 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 192.52600098 51.10300064 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 240.49099731 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 243.02999878 51.10300064 Tm [(depends)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 282.35198975 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 284.89099121 51.10300064 Tm [(on)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 296.89099121 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 299.42999268 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 314.08999634 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 316.6289978 51.10300064 Tm [(crite)1(ria)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 350.60198975 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 353.14099121 51.10300064 Tm [(we)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 367.13299561 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 369.67199707 51.10300064 Tm [(choose.)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 405.99398804 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 408.5329895 51.10300064 Tm [(For)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 425.20300293 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(exampl)1(e,)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 43.64599991 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 46.31399918 82.3030014 Tm [(market)1(s)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 84.30000305 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 86.96800232 82.3030014 Tm [(might)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 114.97000122 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 117.63800049 82.3030014 Tm [(be)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 128.96400452 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 131.63200378 82.3030014 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 171.60499573 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 174.272995 82.3030014 Tm [(accordi)1(ng)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 221.58200073 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 224.25 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 233.58399963 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 236.2519989 82.3030014 Tm [(one)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 253.57800293 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 256.2460022 82.3030014 Tm [(set)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 269.57598877 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 272.24398804 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 282.23999023 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 284.9079895 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 299.56799316 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 302.23599243 82.3030014 Tm [(crite)1(ria,)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 339.20901489 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 341.87701416 82.3030014 Tm [(but)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 357.21099854 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 359.8789978 82.3030014 Tm [(they)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 380.53900146 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 383.20700073 82.3030014 Tm [(might)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 411.20901489 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 413.87701416 82.3030014 Tm [(be)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 425.20300293 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(ineffic)1(ient)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 49.30699921 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 53.20700073 113.50299835 Tm [(accordi)1(ng)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 100.51599884 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 104.41600037 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 113.75 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 117.65000153 113.50299835 Tm [(another.)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 156.63200378 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 160.53199768 113.50299835 Tm [(Here)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 183.84599304 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 187.7460022 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 195.75 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 199.6499939 113.50299835 Tm [(one)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 216.97599792 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 220.87600708 113.50299835 Tm [(exampl)1(e)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 261.52200317 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 265.42199707 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 274.75601196 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 278.65600586 113.50299835 Tm [(test)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 295.32000732 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 299.22000122 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 313.88000488 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 317.77999878 113.50299835 Tm [(weak)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 343.09799194 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 346.99798584 113.50299835 Tm [(form)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 370.32400513 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 374.22399902 113.50299835 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 425.18899536 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(Figure)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 31.32999992 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 35.2140007 144.70300293 Tm [(1)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 41.2140007 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 45.09799957 144.70300293 Tm [(depict)1(s)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 79.08799744 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 82.97200012 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 97.63200378 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 101.51599884 144.70300293 Tm [(monthl)1(y)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 141.51800537 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 145.4019928 144.70300293 Tm [(excess)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 176.72000122 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 180.60400391 144.70300293 Tm [(stock)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 205.93400574 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 209.81799316 144.70300293 Tm [(returns)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 243.13999939 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 247.02400208 144.70300293 Tm [(\(S&P500)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 291.70199585 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 295.58599854 144.70300293 Tm [(returns)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 328.9079895 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 332.79199219 144.70300293 Tm [(minus)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 362.13000488 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 366.01400757 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 380.67401123 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 384.55801392 144.70300293 Tm [(risk-free)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 425.19900513 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(rate)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 17.98200035 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 21.15099907 175.90299988 Tm [(-)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 25.14699936 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 28.31599998 175.90299988 Tm [(typica)1(lly)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 70.30400085 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 73.47299957 175.90299988 Tm [(three-m)1(onth)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 132.1190033 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 135.28799438 175.90299988 Tm [(intere)1(s)-1(t)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 170.60800171 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 173.7769928 175.90299988 Tm [(rate\))] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 195.7559967 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 198.92500305 175.90299988 Tm [(between)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 238.90400696 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 242.07299805 175.90299988 Tm [(January)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 279.39099121 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 282.55999756 175.90299988 Tm [(1966)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 306.55999756 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 309.72900391 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 319.06298828 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 322.23199463 175.90299988 Tm [(Decembe)1(r)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 371.5329895 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 374.70199585 175.90299988 Tm [(2005)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 398.70199585 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 401.8710022 175.90299988 Tm [(from)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 425.19699097 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(Yahoo)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 31.99200058 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 35.39500046 207.10299683 Tm [(Finance)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 73.3809967 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 76.78399658 207.10299683 Tm [(Website)1(.)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 119.09999847 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 122.50299835 207.10299683 Tm [(The)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 141.15899658 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 144.56199646 207.10299683 Tm [(data)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 164.54800415 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 167.95100403 207.10299683 Tm [(has)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 183.94700623 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 187.3500061 207.10299683 Tm [(480)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 205.3500061 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 208.75300598 207.10299683 Tm [(observations)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 269.40899658 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 272.81201172 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 290.13800049 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 293.54098511 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 308.20098877 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 311.60400391 207.10299683 Tm [(model)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 341.59799194 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 345.00100708 207.10299683 Tm [(we)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 358.99301147 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 362.39599609 207.10299683 Tm [(choose)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 395.71798706 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 399.1210022 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 407.125 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 410.52801514 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 425.18798828 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(random)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 36.65599823 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 39.65599823 238.30299377 Tm [(walk)] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 62.98199844 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 65.98200226 238.30299377 Tm [(model.)] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 98.97599792 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 101.97599792 238.30299377 Tm /GS46 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 345.20001221 cm /P <</MCID 273 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 377.3999939 cm /P <</MCID 274 >> BDC BT /FAAABC 10.5 Tf 1 0 0 -1 392.9750061 248.92500305 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC q 1 0 0 1 32.22499847 0.67500305 cm q 0.36074999 0 0 0.24824999 0 0 cm q 2.07468891 0 0 3.01204824 -66.39007568 -81.32531738 cm 32 27 m 514 27 l 514 359 l 32 359 l h W n q 0.13334934 0 0 0.13321799 0 0 cm q /GS47 gs 1 g 441 484 m 3829 484 l 3829 2517 l 441 2517 l h f* Q q /GS48 gs 0.00392157 G 5 w 2 J 1 j 440 483 m 440 2517 l S Q q /GS49 gs 0.00392157 G 5 w 2 J 1 j 440 2517 m 3829 2517 l S Q q /GS50 gs 0.00392157 G 5 w 2 J 1 j 3829 2517 m 3829 483 l S Q q /GS51 gs 0.00392157 G 5 w 2 J 1 j 3829 483 m 440 483 l S Q Q q 0.13334934 0 0 0.13321799 31.47044563 337.45391846 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS52 gs 0 g [(-)] TJ ET Q q 0.99457544 0 0 1 30 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS53 gs 0 g [(3)] TJ ET Q q 0.99457544 0 0 1 82 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS54 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS55 gs 0.00392157 G 4 w 1 j 436 2515 m 399 2515 l S Q Q q 0.13334934 0 0 0.13321799 31.47044563 283.36740112 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS56 gs 0 g [(-)] TJ ET Q q 0.99457544 0 0 1 30 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS57 gs 0 g [(2)] TJ ET Q q 0.99457544 0 0 1 82 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS58 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS59 gs 0.00392157 G 4 w 1 j 436 2109 m 399 2109 l S Q Q q 0.13334934 0 0 0.13321799 31.47044563 229.28091431 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS60 gs 0 g [(-)] TJ ET Q q 0.99457544 0 0 1 30 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS61 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 82 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS62 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS63 gs 0.00392157 G 4 w 1 j 436 1703 m 399 1703 l S Q Q q 0.13334934 0 0 0.13321799 42.5384407 175.19441223 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS64 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS65 gs 0.00392157 G 4 w 1 j 436 1297 m 399 1297 l S Q Q q 0.13334934 0 0 0.13321799 35.47092438 121.10790253 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS66 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS67 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS68 gs 0.00392157 G 4 w 1 j 436 891 m 399 891 l S Q Q q 0.13334934 0 0 0.13321799 35.47092438 67.15461731 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS69 gs 0 g [(2)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS70 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS71 gs 0.00392157 G 4 w 1 j 436 486 m 399 486 l S Q q /GS72 gs 0.00392157 G 4 w 1 j 441 2521 m 441 2543 l S Q q /GS73 gs 0.00392157 G 4 w 1 j 525 2521 m 525 2543 l S Q q /GS74 gs 0.00392157 G 4 w 1 j 610 2521 m 610 2543 l S Q q /GS75 gs 0.00392157 G 4 w 1 j 695 2521 m 695 2543 l S Q q /GS76 gs 0.00392157 G 4 w 1 j 780 2521 m 780 2543 l S Q q /GS77 gs 0.00392157 G 4 w 1 j 865 2521 m 865 2543 l S Q q /GS78 gs 0.00392157 G 4 w 1 j 950 2521 m 950 2543 l S Q q /GS79 gs 0.00392157 G 4 w 1 j 1034 2521 m 1034 2543 l S Q q /GS80 gs 0.00392157 G 4 w 1 j 1119 2521 m 1119 2543 l S Q q /GS81 gs 0.00392157 G 4 w 1 j 1204 2521 m 1204 2543 l S Q q /GS82 gs 0.00392157 G 4 w 1 j 1289 2521 m 1289 2543 l S Q q /GS83 gs 0.00392157 G 4 w 1 j 1374 2521 m 1374 2543 l S Q q /GS84 gs 0.00392157 G 4 w 1 j 1459 2521 m 1459 2543 l S Q q /GS85 gs 0.00392157 G 4 w 1 j 1544 2521 m 1544 2543 l S Q q /GS86 gs 0.00392157 G 4 w 1 j 1628 2521 m 1628 2543 l S Q q /GS87 gs 0.00392157 G 4 w 1 j 1713 2521 m 1713 2543 l S Q q /GS88 gs 0.00392157 G 4 w 1 j 1798 2521 m 1798 2543 l S Q q /GS89 gs 0.00392157 G 4 w 1 j 1883 2521 m 1883 2543 l S Q q /GS90 gs 0.00392157 G 4 w 1 j 1968 2521 m 1968 2543 l S Q q /GS91 gs 0.00392157 G 4 w 1 j 2053 2521 m 2053 2543 l S Q q /GS92 gs 0.00392157 G 4 w 1 j 2138 2521 m 2138 2543 l S Q q /GS93 gs 0.00392157 G 4 w 1 j 2222 2521 m 2222 2543 l S Q q /GS94 gs 0.00392157 G 4 w 1 j 2307 2521 m 2307 2543 l S Q q /GS95 gs 0.00392157 G 4 w 1 j 2392 2521 m 2392 2543 l S Q q /GS96 gs 0.00392157 G 4 w 1 j 2477 2521 m 2477 2543 l S Q q /GS97 gs 0.00392157 G 4 w 1 j 2562 2521 m 2562 2543 l S Q q /GS98 gs 0.00392157 G 4 w 1 j 2647 2521 m 2647 2543 l S Q q /GS99 gs 0.00392157 G 4 w 1 j 2732 2521 m 2732 2543 l S Q q /GS100 gs 0.00392157 G 4 w 1 j 2816 2521 m 2816 2543 l S Q q /GS101 gs 0.00392157 G 4 w 1 j 2901 2521 m 2901 2543 l S Q q /GS102 gs 0.00392157 G 4 w 1 j 2986 2521 m 2986 2543 l S Q q /GS103 gs 0.00392157 G 4 w 1 j 3071 2521 m 3071 2543 l S Q q /GS104 gs 0.00392157 G 4 w 1 j 3156 2521 m 3156 2543 l S Q q /GS105 gs 0.00392157 G 4 w 1 j 3241 2521 m 3241 2543 l S Q q /GS106 gs 0.00392157 G 4 w 1 j 3325 2521 m 3325 2543 l S Q q /GS107 gs 0.00392157 G 4 w 1 j 3410 2521 m 3410 2543 l S Q q /GS108 gs 0.00392157 G 4 w 1 j 3495 2521 m 3495 2543 l S Q q /GS109 gs 0.00392157 G 4 w 1 j 3580 2521 m 3580 2543 l S Q q /GS110 gs 0.00392157 G 4 w 1 j 3665 2521 m 3665 2543 l S Q q /GS111 gs 0.00392157 G 4 w 1 j 3750 2521 m 3750 2543 l S Q Q q 0.13334934 0 0 0.13321799 90.01081085 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS112 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS113 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS114 gs 0 g [(7)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS115 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS116 gs 0.00392157 G 4 w 1 j 780 2521 m 780 2564 l S Q Q q 0.13334934 0 0 0.13321799 146.6842804 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS117 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS118 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS119 gs 0 g [(7)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS120 gs 0 g [(5)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS121 gs 0.00392157 G 4 w 1 j 1204 2521 m 1204 2564 l S Q Q q 0.13334934 0 0 0.13321799 203.22439575 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS122 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS123 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS124 gs 0 g [(8)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS125 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS126 gs 0.00392157 G 4 w 1 j 1628 2521 m 1628 2564 l S Q Q q 0.13334934 0 0 0.13321799 259.76452637 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS127 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS128 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS129 gs 0 g [(8)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS130 gs 0 g [(5)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS131 gs 0.00392157 G 4 w 1 j 2053 2521 m 2053 2564 l S Q Q q 0.13334934 0 0 0.13321799 316.30465698 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS132 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS133 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS134 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS135 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS136 gs 0.00392157 G 4 w 1 j 2477 2521 m 2477 2564 l S Q Q q 0.13334934 0 0 0.13321799 372.9781189 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS137 gs 0 g [(1)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS138 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS139 gs 0 g [(9)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS140 gs 0 g [(5)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS141 gs 0.00392157 G 4 w 1 j 2901 2521 m 2901 2564 l S Q Q q 0.13334934 0 0 0.13321799 429.51824951 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS142 gs 0 g [(2)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS143 gs 0 g [(0)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS144 gs 0 g [(0)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS145 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS146 gs 0.00392157 G 4 w 1 j 3325 2521 m 3325 2564 l S Q Q q 0.13334934 0 0 0.13321799 486.05834961 353.83972168 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS147 gs 0 g [(2)] TJ ET Q q 0.99457544 0 0 1 52 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS148 gs 0 g [(0)] TJ ET Q q 0.99457544 0 0 1 105 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS149 gs 0 g [(0)] TJ ET Q q 0.99457544 0 0 1 157 0 cm BT /FAAAJH 94 Tf 1 0 0 -1 0 0 Tm /GS150 gs 0 g [(5)] TJ ET Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS151 gs 0.00392157 G 4 w 1 j 3750 2521 m 3750 2564 l S Q Q q 59 64 m 511 64 l 511 335 l 59 335 l h W n q 0.13334934 0 0 0.13321799 0 0 cm q /GS152 gs 0.00392157 G 9 w 1 J 1 j 441 1283 m 448 1374 l S Q q /GS153 gs 0.00392157 G 9 w 1 J 1 j 448 1374 m 455 1391 l S Q q /GS154 gs 0.00392157 G 9 w 1 J 1 j 455 1391 m 462 1217 l S Q q /GS155 gs 0.00392157 G 9 w 1 J 1 j 462 1217 m 469 1523 l S Q q /GS156 gs 0.00392157 G 9 w 1 J 1 j 469 1523 m 476 1367 l S Q q /GS157 gs 0.00392157 G 9 w 1 J 1 j 476 1367 m 483 1355 l S Q q /GS158 gs 0.00392157 G 9 w 1 J 1 j 483 1355 m 490 1618 l S Q q /GS159 gs 0.00392157 G 9 w 1 J 1 j 490 1618 m 497 1330 l S Q q /GS160 gs 0.00392157 G 9 w 1 J 1 j 497 1330 m 504 1109 l S Q q /GS161 gs 0.00392157 G 9 w 1 J 1 j 504 1109 m 511 1288 l S Q q /GS162 gs 0.00392157 G 9 w 1 J 1 j 511 1288 m 518 1306 l S Q q /GS163 gs 0.00392157 G 9 w 1 J 1 j 518 1306 m 525 985 l S Q q /GS164 gs 0.00392157 G 9 w 1 J 1 j 525 985 m 532 1295 l S Q q /GS165 gs 0.00392157 G 9 w 1 J 1 j 532 1295 m 539 1139 l S Q q /GS166 gs 0.00392157 G 9 w 1 J 1 j 539 1139 m 547 1128 l S Q q /GS167 gs 0.00392157 G 9 w 1 J 1 j 547 1128 m 554 1513 l S Q q /GS168 gs 0.00392157 G 9 w 1 J 1 j 554 1513 m 561 1226 l S Q q /GS169 gs 0.00392157 G 9 w 1 J 1 j 561 1226 m 568 1115 l S Q q /GS170 gs 0.00392157 G 9 w 1 J 1 j 568 1115 m 575 1347 l S Q q /GS171 gs 0.00392157 G 9 w 1 J 1 j 575 1347 m 582 1167 l S Q q /GS172 gs 0.00392157 G 9 w 1 J 1 j 582 1167 m 589 1420 l S Q q /GS173 gs 0.00392157 G 9 w 1 J 1 j 589 1420 m 596 1296 l S Q q /GS174 gs 0.00392157 G 9 w 1 J 1 j 596 1296 m 603 1193 l S Q q /GS175 gs 0.00392157 G 9 w 1 J 1 j 603 1193 m 610 1481 l S Q q /GS176 gs 0.00392157 G 9 w 1 J 1 j 610 1481 m 617 1429 l S Q q /GS177 gs 0.00392157 G 9 w 1 J 1 j 617 1429 m 624 1263 l S Q q /GS178 gs 0.00392157 G 9 w 1 J 1 j 624 1263 m 631 971 l S Q q /GS179 gs 0.00392157 G 9 w 1 J 1 j 631 971 m 638 1260 l S Q q /GS180 gs 0.00392157 G 9 w 1 J 1 j 638 1260 m 646 1267 l S Q q /GS181 gs 0.00392157 G 9 w 1 J 1 j 646 1267 m 653 1381 l S Q q /GS182 gs 0.00392157 G 9 w 1 J 1 j 653 1381 m 660 1257 l S Q q /GS183 gs 0.00392157 G 9 w 1 J 1 j 660 1257 m 667 1148 l S Q q /GS184 gs 0.00392157 G 9 w 1 J 1 j 667 1148 m 674 1275 l S Q q /GS185 gs 0.00392157 G 9 w 1 J 1 j 674 1275 m 681 1109 l S Q q /GS186 gs 0.00392157 G 9 w 1 J 1 j 681 1109 m 688 1473 l S Q q /GS187 gs 0.00392157 G 9 w 1 J 1 j 688 1473 m 695 1342 l S Q q /GS188 gs 0.00392157 G 9 w 1 J 1 j 695 1342 m 702 1498 l S Q q /GS189 gs 0.00392157 G 9 w 1 J 1 j 702 1498 m 709 1165 l S Q q /GS190 gs 0.00392157 G 9 w 1 J 1 j 709 1165 m 716 1221 l S Q q /GS191 gs 0.00392157 G 9 w 1 J 1 j 716 1221 m 723 1315 l S Q q /GS192 gs 0.00392157 G 9 w 1 J 1 j 723 1315 m 730 1533 l S Q q /GS193 gs 0.00392157 G 9 w 1 J 1 j 730 1533 m 737 1552 l S Q q /GS194 gs 0.00392157 G 9 w 1 J 1 j 737 1552 m 745 1143 l S Q q /GS195 gs 0.00392157 G 9 w 1 J 1 j 745 1143 m 752 1413 l S Q q /GS196 gs 0.00392157 G 9 w 1 J 1 j 752 1413 m 759 1130 l S Q q /GS197 gs 0.00392157 G 9 w 1 J 1 j 759 1130 m 766 1450 l S Q q /GS198 gs 0.00392157 G 9 w 1 J 1 j 766 1450 m 773 1387 l S Q q /GS199 gs 0.00392157 G 9 w 1 J 1 j 773 1387 m 780 1620 l S Q q /GS200 gs 0.00392157 G 9 w 1 J 1 j 780 1620 m 787 1096 l S Q q /GS201 gs 0.00392157 G 9 w 1 J 1 j 787 1096 m 794 1303 l S Q q /GS202 gs 0.00392157 G 9 w 1 J 1 j 794 1303 m 801 1673 l S Q q /GS203 gs 0.00392157 G 9 w 1 J 1 j 801 1673 m 808 1553 l S Q q /GS204 gs 0.00392157 G 9 w 1 J 1 j 808 1553 m 815 1510 l S Q q /GS205 gs 0.00392157 G 9 w 1 J 1 j 815 1510 m 822 1006 l S Q q /GS206 gs 0.00392157 G 9 w 1 J 1 j 822 1006 m 829 1125 l S Q q /GS207 gs 0.00392157 G 9 w 1 J 1 j 829 1125 m 836 1172 l S Q q /GS208 gs 0.00392157 G 9 w 1 J 1 j 836 1172 m 844 1350 l S Q q /GS209 gs 0.00392157 G 9 w 1 J 1 j 844 1350 m 851 1111 l S Q q /GS210 gs 0.00392157 G 9 w 1 J 1 j 851 1111 m 858 1072 l S Q q /GS211 gs 0.00392157 G 9 w 1 J 1 j 858 1072 m 865 1137 l S Q q /GS212 gs 0.00392157 G 9 w 1 J 1 j 865 1137 m 872 1263 l S Q q /GS213 gs 0.00392157 G 9 w 1 J 1 j 872 1263 m 879 1149 l S Q q /GS214 gs 0.00392157 G 9 w 1 J 1 j 879 1149 m 886 1151 l S Q q /GS215 gs 0.00392157 G 9 w 1 J 1 j 886 1151 m 893 1467 l S Q q /GS216 gs 0.00392157 G 9 w 1 J 1 j 893 1467 m 900 1299 l S Q q /GS217 gs 0.00392157 G 9 w 1 J 1 j 900 1299 m 907 1470 l S Q q /GS218 gs 0.00392157 G 9 w 1 J 1 j 907 1470 m 914 1159 l S Q q /GS219 gs 0.00392157 G 9 w 1 J 1 j 914 1159 m 921 1330 l S Q q /GS220 gs 0.00392157 G 9 w 1 J 1 j 921 1330 m 928 1471 l S Q q /GS221 gs 0.00392157 G 9 w 1 J 1 j 928 1471 m 935 1311 l S Q q /GS222 gs 0.00392157 G 9 w 1 J 1 j 935 1311 m 943 951 l S Q q /GS223 gs 0.00392157 G 9 w 1 J 1 j 943 951 m 950 1225 l S Q q /GS224 gs 0.00392157 G 9 w 1 J 1 j 950 1225 m 957 1195 l S Q q /GS225 gs 0.00392157 G 9 w 1 J 1 j 957 1195 m 964 1275 l S Q q /GS226 gs 0.00392157 G 9 w 1 J 1 j 964 1275 m 971 1281 l S Q q /GS227 gs 0.00392157 G 9 w 1 J 1 j 971 1281 m 978 1229 l S Q q /GS228 gs 0.00392157 G 9 w 1 J 1 j 978 1229 m 985 1388 l S Q q /GS229 gs 0.00392157 G 9 w 1 J 1 j 985 1388 m 992 1290 l S Q q /GS230 gs 0.00392157 G 9 w 1 J 1 j 992 1290 m 999 1159 l S Q q /GS231 gs 0.00392157 G 9 w 1 J 1 j 999 1159 m 1006 1321 l S Q q /GS232 gs 0.00392157 G 9 w 1 J 1 j 1006 1321 m 1013 1265 l S Q q /GS233 gs 0.00392157 G 9 w 1 J 1 j 1013 1265 m 1020 1117 l S Q q /GS234 gs 0.00392157 G 9 w 1 J 1 j 1020 1117 m 1027 1254 l S Q q /GS235 gs 0.00392157 G 9 w 1 J 1 j 1027 1254 m 1034 1375 l S Q q /GS236 gs 0.00392157 G 9 w 1 J 1 j 1034 1375 m 1042 1457 l S Q q /GS237 gs 0.00392157 G 9 w 1 J 1 j 1042 1457 m 1049 1312 l S Q q /GS238 gs 0.00392157 G 9 w 1 J 1 j 1049 1312 m 1056 1474 l S Q q /GS239 gs 0.00392157 G 9 w 1 J 1 j 1056 1474 m 1063 1384 l S Q q /GS240 gs 0.00392157 G 9 w 1 J 1 j 1063 1384 m 1070 1334 l S Q q /GS241 gs 0.00392157 G 9 w 1 J 1 j 1070 1334 m 1077 1158 l S Q q /GS242 gs 0.00392157 G 9 w 1 J 1 j 1077 1158 m 1084 1464 l S Q q /GS243 gs 0.00392157 G 9 w 1 J 1 j 1084 1464 m 1091 1151 l S Q q /GS244 gs 0.00392157 G 9 w 1 J 1 j 1091 1151 m 1098 1317 l S Q q /GS245 gs 0.00392157 G 9 w 1 J 1 j 1098 1317 m 1105 1770 l S Q q /GS246 gs 0.00392157 G 9 w 1 J 1 j 1105 1770 m 1112 1242 l S Q q /GS247 gs 0.00392157 G 9 w 1 J 1 j 1112 1242 m 1119 1352 l S Q q /GS248 gs 0.00392157 G 9 w 1 J 1 j 1119 1352 m 1126 1324 l S Q q /GS249 gs 0.00392157 G 9 w 1 J 1 j 1126 1324 m 1133 1402 l S Q q /GS250 gs 0.00392157 G 9 w 1 J 1 j 1133 1402 m 1141 1473 l S Q q /GS251 gs 0.00392157 G 9 w 1 J 1 j 1141 1473 m 1148 1450 l S Q q /GS252 gs 0.00392157 G 9 w 1 J 1 j 1148 1450 m 1155 1367 l S Q q /GS253 gs 0.00392157 G 9 w 1 J 1 j 1155 1367 m 1162 1627 l S Q q /GS254 gs 0.00392157 G 9 w 1 J 1 j 1162 1627 m 1169 1672 l S Q q /GS255 gs 0.00392157 G 9 w 1 J 1 j 1169 1672 m 1176 1797 l S Q q /GS256 gs 0.00392157 G 9 w 1 J 1 j 1176 1797 m 1183 636 l S Q q /GS257 gs 0.00392157 G 9 w 1 J 1 j 1183 636 m 1190 1517 l S Q q /GS258 gs 0.00392157 G 9 w 1 J 1 j 1190 1517 m 1197 1389 l S Q q /GS259 gs 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0.00392157 G 9 w 1 J 1 j 1742 1333 m 1749 1377 l S Q q /GS337 gs 0.00392157 G 9 w 1 J 1 j 1749 1377 m 1756 1339 l S Q q /GS338 gs 0.00392157 G 9 w 1 J 1 j 1756 1339 m 1763 1584 l S Q q /GS339 gs 0.00392157 G 9 w 1 J 1 j 1763 1584 m 1770 1547 l S Q q /GS340 gs 0.00392157 G 9 w 1 J 1 j 1770 1547 m 1777 1127 l S Q q /GS341 gs 0.00392157 G 9 w 1 J 1 j 1777 1127 m 1784 1173 l S Q q /GS342 gs 0.00392157 G 9 w 1 J 1 j 1784 1173 m 1791 1436 l S Q q /GS343 gs 0.00392157 G 9 w 1 J 1 j 1791 1436 m 1798 1382 l S Q q /GS344 gs 0.00392157 G 9 w 1 J 1 j 1798 1382 m 1805 1561 l S Q q /GS345 gs 0.00392157 G 9 w 1 J 1 j 1805 1561 m 1812 1358 l S Q q /GS346 gs 0.00392157 G 9 w 1 J 1 j 1812 1358 m 1819 1159 l S Q q /GS347 gs 0.00392157 G 9 w 1 J 1 j 1819 1159 m 1826 1478 l S Q q /GS348 gs 0.00392157 G 9 w 1 J 1 j 1826 1478 m 1833 1397 l S Q q /GS349 gs 0.00392157 G 9 w 1 J 1 j 1833 1397 m 1841 1412 l S Q q /GS350 gs 0.00392157 G 9 w 1 J 1 j 1841 1412 m 1848 835 l S Q q /GS351 gs 0.00392157 G 9 w 1 J 1 j 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0.00392157 G 9 w 1 J 1 j 2286 2195 m 2293 1646 l S Q q /GS414 gs 0.00392157 G 9 w 1 J 1 j 2293 1646 m 2300 1004 l S Q q /GS415 gs 0.00392157 G 9 w 1 J 1 j 2300 1004 m 2307 1132 l S Q q /GS416 gs 0.00392157 G 9 w 1 J 1 j 2307 1132 m 2314 1134 l S Q q /GS417 gs 0.00392157 G 9 w 1 J 1 j 2314 1134 m 2321 1439 l S Q q /GS418 gs 0.00392157 G 9 w 1 J 1 j 2321 1439 m 2328 1264 l S Q q /GS419 gs 0.00392157 G 9 w 1 J 1 j 2328 1264 m 2336 1292 l S Q q /GS420 gs 0.00392157 G 9 w 1 J 1 j 2336 1292 m 2343 1128 l S Q q /GS421 gs 0.00392157 G 9 w 1 J 1 j 2343 1128 m 2350 1328 l S Q q /GS422 gs 0.00392157 G 9 w 1 J 1 j 2350 1328 m 2357 1465 l S Q q /GS423 gs 0.00392157 G 9 w 1 J 1 j 2357 1465 m 2364 1148 l S Q q /GS424 gs 0.00392157 G 9 w 1 J 1 j 2364 1148 m 2371 1204 l S Q q /GS425 gs 0.00392157 G 9 w 1 J 1 j 2371 1204 m 2378 1385 l S Q q /GS426 gs 0.00392157 G 9 w 1 J 1 j 2378 1385 m 2385 1251 l S Q q /GS427 gs 0.00392157 G 9 w 1 J 1 j 2385 1251 m 2392 1019 l S Q q /GS428 gs 0.00392157 G 9 w 1 J 1 j 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w 1 J 1 j 2611 1225 m 2618 1383 l S Q q /GS460 gs 0.00392157 G 9 w 1 J 1 j 2618 1383 m 2625 1255 l S Q q /GS461 gs 0.00392157 G 9 w 1 J 1 j 2625 1255 m 2633 1481 l S Q q /GS462 gs 0.00392157 G 9 w 1 J 1 j 2633 1481 m 2640 849 l S Q q /GS463 gs 0.00392157 G 9 w 1 J 1 j 2640 849 m 2647 1382 l S Q q /GS464 gs 0.00392157 G 9 w 1 J 1 j 2647 1382 m 2654 1260 l S Q q /GS465 gs 0.00392157 G 9 w 1 J 1 j 2654 1260 m 2661 1390 l S Q q /GS466 gs 0.00392157 G 9 w 1 J 1 j 2661 1390 m 2668 1186 l S Q q /GS467 gs 0.00392157 G 9 w 1 J 1 j 2668 1186 m 2675 1294 l S Q q /GS468 gs 0.00392157 G 9 w 1 J 1 j 2675 1294 m 2682 1370 l S Q q /GS469 gs 0.00392157 G 9 w 1 J 1 j 2682 1370 m 2689 1139 l S Q q /GS470 gs 0.00392157 G 9 w 1 J 1 j 2689 1139 m 2696 1395 l S Q q /GS471 gs 0.00392157 G 9 w 1 J 1 j 2696 1395 m 2703 1260 l S Q q /GS472 gs 0.00392157 G 9 w 1 J 1 j 2703 1260 m 2710 1288 l S Q q /GS473 gs 0.00392157 G 9 w 1 J 1 j 2710 1288 m 2717 1174 l S Q q /GS474 gs 0.00392157 G 9 w 1 J 1 j 2717 1174 m 2724 1258 l S Q q /GS475 gs 0.00392157 G 9 w 1 J 1 j 2724 1258 m 2732 1269 l S Q q /GS476 gs 0.00392157 G 9 w 1 J 1 j 2732 1269 m 2739 1254 l S Q q /GS477 gs 0.00392157 G 9 w 1 J 1 j 2739 1254 m 2746 1222 l S Q q /GS478 gs 0.00392157 G 9 w 1 J 1 j 2746 1222 m 2753 1400 l S Q q /GS479 gs 0.00392157 G 9 w 1 J 1 j 2753 1400 m 2760 1204 l S Q q /GS480 gs 0.00392157 G 9 w 1 J 1 j 2760 1204 m 2767 1294 l S Q q /GS481 gs 0.00392157 G 9 w 1 J 1 j 2767 1294 m 2774 1319 l S Q q /GS482 gs 0.00392157 G 9 w 1 J 1 j 2774 1319 m 2781 1158 l S Q q /GS483 gs 0.00392157 G 9 w 1 J 1 j 2781 1158 m 2788 1339 l S Q q /GS484 gs 0.00392157 G 9 w 1 J 1 j 2788 1339 m 2795 1218 l S Q q /GS485 gs 0.00392157 G 9 w 1 J 1 j 2795 1218 m 2802 1351 l S Q q /GS486 gs 0.00392157 G 9 w 1 J 1 j 2802 1351 m 2809 1256 l S Q q /GS487 gs 0.00392157 G 9 w 1 J 1 j 2809 1256 m 2816 1166 l S Q q /GS488 gs 0.00392157 G 9 w 1 J 1 j 2816 1166 m 2823 1419 l S Q q /GS489 gs 0.00392157 G 9 w 1 J 1 j 2823 1419 m 2830 1485 l S Q q /GS490 gs 0.00392157 G 9 w 1 J 1 j 2830 1485 m 2838 1251 l S Q q /GS491 gs 0.00392157 G 9 w 1 J 1 j 2838 1251 m 2845 1250 l S Q q /GS492 gs 0.00392157 G 9 w 1 J 1 j 2845 1250 m 2852 1408 l S Q q /GS493 gs 0.00392157 G 9 w 1 J 1 j 2852 1408 m 2859 1171 l S Q q /GS494 gs 0.00392157 G 9 w 1 J 1 j 2859 1171 m 2866 1150 l S Q q /GS495 gs 0.00392157 G 9 w 1 J 1 j 2866 1150 m 2873 1412 l S Q q /GS496 gs 0.00392157 G 9 w 1 J 1 j 2873 1412 m 2880 1218 l S Q q /GS497 gs 0.00392157 G 9 w 1 J 1 j 2880 1218 m 2887 1463 l S Q q /GS498 gs 0.00392157 G 9 w 1 J 1 j 2887 1463 m 2894 1255 l S Q q /GS499 gs 0.00392157 G 9 w 1 J 1 j 2894 1255 m 2901 1206 l S Q q /GS500 gs 0.00392157 G 9 w 1 J 1 j 2901 1206 m 2908 1158 l S Q q /GS501 gs 0.00392157 G 9 w 1 J 1 j 2908 1158 m 2915 1196 l S Q q /GS502 gs 0.00392157 G 9 w 1 J 1 j 2915 1196 m 2922 1192 l S Q q /GS503 gs 0.00392157 G 9 w 1 J 1 j 2922 1192 m 2929 1162 l S Q q /GS504 gs 0.00392157 G 9 w 1 J 1 j 2929 1162 m 2937 1221 l S Q q /GS505 gs 0.00392157 G 9 w 1 J 1 j 2937 1221 m 2944 1178 l S Q q /GS506 gs 0.00392157 G 9 w 1 J 1 j 2944 1178 m 2951 1309 l S Q q /GS507 gs 0.00392157 G 9 w 1 J 1 j 2951 1309 m 2958 1143 l S Q q /GS508 gs 0.00392157 G 9 w 1 J 1 j 2958 1143 m 2965 1328 l S Q q /GS509 gs 0.00392157 G 9 w 1 J 1 j 2965 1328 m 2972 1139 l S Q q /GS510 gs 0.00392157 G 9 w 1 J 1 j 2972 1139 m 2979 1238 l S Q q /GS511 gs 0.00392157 G 9 w 1 J 1 j 2979 1238 m 2986 1175 l S Q q /GS512 gs 0.00392157 G 9 w 1 J 1 j 2986 1175 m 2993 1277 l S Q q /GS513 gs 0.00392157 G 9 w 1 J 1 j 2993 1277 m 3000 1274 l S Q q /GS514 gs 0.00392157 G 9 w 1 J 1 j 3000 1274 m 3007 1253 l S Q q /GS515 gs 0.00392157 G 9 w 1 J 1 j 3007 1253 m 3014 1214 l S Q q /GS516 gs 0.00392157 G 9 w 1 J 1 j 3014 1214 m 3021 1297 l S Q q /GS517 gs 0.00392157 G 9 w 1 J 1 j 3021 1297 m 3028 1495 l S Q q /GS518 gs 0.00392157 G 9 w 1 J 1 j 3028 1495 m 3036 1228 l S Q q /GS519 gs 0.00392157 G 9 w 1 J 1 j 3036 1228 m 3043 1087 l S Q q /GS520 gs 0.00392157 G 9 w 1 J 1 j 3043 1087 m 3050 1202 l S Q q /GS521 gs 0.00392157 G 9 w 1 J 1 j 3050 1202 m 3057 1007 l S Q q /GS522 gs 0.00392157 G 9 w 1 J 1 j 3057 1007 m 3064 1396 l S Q q /GS523 gs 0.00392157 G 9 w 1 J 1 j 3064 1396 m 3071 1062 l S Q q /GS524 gs 0.00392157 G 9 w 1 J 1 j 3071 1062 m 3078 1281 l S Q q /GS525 gs 0.00392157 G 9 w 1 J 1 j 3078 1281 m 3085 1481 l S Q q /GS526 gs 0.00392157 G 9 w 1 J 1 j 3085 1481 m 3092 1072 l S Q q /GS527 gs 0.00392157 G 9 w 1 J 1 j 3092 1072 m 3099 1070 l S Q q /GS528 gs 0.00392157 G 9 w 1 J 1 j 3099 1070 m 3106 1130 l S Q q /GS529 gs 0.00392157 G 9 w 1 J 1 j 3106 1130 m 3113 992 l S Q q /GS530 gs 0.00392157 G 9 w 1 J 1 j 3113 992 m 3120 1541 l S Q q /GS531 gs 0.00392157 G 9 w 1 J 1 j 3120 1541 m 3127 1093 l S Q q /GS532 gs 0.00392157 G 9 w 1 J 1 j 3127 1093 m 3135 1450 l S Q q /GS533 gs 0.00392157 G 9 w 1 J 1 j 3135 1450 m 3142 1125 l S Q q /GS534 gs 0.00392157 G 9 w 1 J 1 j 3142 1125 m 3149 1247 l S Q q /GS535 gs 0.00392157 G 9 w 1 J 1 j 3149 1247 m 3156 1270 l S Q q /GS536 gs 0.00392157 G 9 w 1 J 1 j 3156 1270 m 3163 1020 l S Q q /GS537 gs 0.00392157 G 9 w 1 J 1 j 3163 1020 m 3170 1105 l S Q q /GS538 gs 0.00392157 G 9 w 1 J 1 j 3170 1105 m 3177 1274 l S Q q /GS539 gs 0.00392157 G 9 w 1 J 1 j 3177 1274 m 3184 1383 l S Q q /GS540 gs 0.00392157 G 9 w 1 J 1 j 3184 1383 m 3191 1149 l S Q q /GS541 gs 0.00392157 G 9 w 1 J 1 j 3191 1149 m 3198 1356 l S Q q /GS542 gs 0.00392157 G 9 w 1 J 1 j 3198 1356 m 3205 1901 l S Q q /GS543 gs 0.00392157 G 9 w 1 J 1 j 3205 1901 m 3212 1056 l S Q q /GS544 gs 0.00392157 G 9 w 1 J 1 j 3212 1056 m 3219 980 l S Q q /GS545 gs 0.00392157 G 9 w 1 J 1 j 3219 980 m 3226 1064 l S Q q /GS546 gs 0.00392157 G 9 w 1 J 1 j 3226 1064 m 3234 1079 l S Q q /GS547 gs 0.00392157 G 9 w 1 J 1 j 3234 1079 m 3241 1142 l S Q q /GS548 gs 0.00392157 G 9 w 1 J 1 j 3241 1142 m 3248 1437 l S Q q /GS549 gs 0.00392157 G 9 w 1 J 1 j 3248 1437 m 3255 1152 l S Q q /GS550 gs 0.00392157 G 9 w 1 J 1 j 3255 1152 m 3262 1155 l S Q q /GS551 gs 0.00392157 G 9 w 1 J 1 j 3262 1155 m 3269 1407 l S Q q /GS552 gs 0.00392157 G 9 w 1 J 1 j 3269 1407 m 3276 1088 l S Q q /GS553 gs 0.00392157 G 9 w 1 J 1 j 3276 1088 m 3283 1439 l S Q q /GS554 gs 0.00392157 G 9 w 1 J 1 j 3283 1439 m 3290 1333 l S Q q /GS555 gs 0.00392157 G 9 w 1 J 1 j 3290 1333 m 3297 1424 l S Q q /GS556 gs 0.00392157 G 9 w 1 J 1 j 3297 1424 m 3304 1056 l S Q q /GS557 gs 0.00392157 G 9 w 1 J 1 j 3304 1056 m 3311 1229 l S Q q /GS558 gs 0.00392157 G 9 w 1 J 1 j 3311 1229 m 3318 1076 l S Q q /GS559 gs 0.00392157 G 9 w 1 J 1 j 3318 1076 m 3325 1518 l S Q q /GS560 gs 0.00392157 G 9 w 1 J 1 j 3325 1518 m 3333 1391 l S Q q /GS561 gs 0.00392157 G 9 w 1 J 1 j 3333 1391 m 3340 919 l S Q q /GS562 gs 0.00392157 G 9 w 1 J 1 j 3340 919 m 3347 1438 l S Q q /GS563 gs 0.00392157 G 9 w 1 J 1 j 3347 1438 m 3354 1401 l S Q q /GS564 gs 0.00392157 G 9 w 1 J 1 j 3354 1401 m 3361 1213 l S Q q /GS565 gs 0.00392157 G 9 w 1 J 1 j 3361 1213 m 3368 1380 l S Q q /GS566 gs 0.00392157 G 9 w 1 J 1 j 3368 1380 m 3375 1065 l S Q q /GS567 gs 0.00392157 G 9 w 1 J 1 j 3375 1065 m 3382 1532 l S Q q /GS568 gs 0.00392157 G 9 w 1 J 1 j 3382 1532 m 3389 1337 l S Q q /GS569 gs 0.00392157 G 9 w 1 J 1 j 3389 1337 m 3396 1637 l S Q q /GS570 gs 0.00392157 G 9 w 1 J 1 j 3396 1637 m 3403 1297 l S Q q /GS571 gs 0.00392157 G 9 w 1 J 1 j 3403 1297 m 3410 1175 l S Q q /GS572 gs 0.00392157 G 9 w 1 J 1 j 3410 1175 m 3417 1683 l S Q q /GS573 gs 0.00392157 G 9 w 1 J 1 j 3417 1683 m 3424 1572 l S Q q /GS574 gs 0.00392157 G 9 w 1 J 1 j 3424 1572 m 3432 998 l S Q q /GS575 gs 0.00392157 G 9 w 1 J 1 j 3432 998 m 3439 1283 l S Q q /GS576 gs 0.00392157 G 9 w 1 J 1 j 3439 1283 m 3446 1407 l S Q q /GS577 gs 0.00392157 G 9 w 1 J 1 j 3446 1407 m 3453 1349 l S Q q /GS578 gs 0.00392157 G 9 w 1 J 1 j 3453 1349 m 3460 1563 l S Q q /GS579 gs 0.00392157 G 9 w 1 J 1 j 3460 1563 m 3467 1636 l S Q q /GS580 gs 0.00392157 G 9 w 1 J 1 j 3467 1636 m 3474 1229 l S Q q /GS581 gs 0.00392157 G 9 w 1 J 1 j 3474 1229 m 3481 993 l S Q q /GS582 gs 0.00392157 G 9 w 1 J 1 j 3481 993 m 3488 1268 l S Q q /GS583 gs 0.00392157 G 9 w 1 J 1 j 3488 1268 m 3495 1362 l S Q q /GS584 gs 0.00392157 G 9 w 1 J 1 j 3495 1362 m 3502 1381 l S Q q /GS585 gs 0.00392157 G 9 w 1 J 1 j 3502 1381 m 3509 1150 l S Q q /GS586 gs 0.00392157 G 9 w 1 J 1 j 3509 1150 m 3516 1549 l S Q q /GS587 gs 0.00392157 G 9 w 1 J 1 j 3516 1549 m 3523 1333 l S Q q /GS588 gs 0.00392157 G 9 w 1 J 1 j 3523 1333 m 3531 1591 l S Q q /GS589 gs 0.00392157 G 9 w 1 J 1 j 3531 1591 m 3538 1619 l S Q q /GS590 gs 0.00392157 G 9 w 1 J 1 j 3538 1619 m 3545 1276 l S Q q /GS591 gs 0.00392157 G 9 w 1 J 1 j 3545 1276 m 3552 1743 l S Q q /GS592 gs 0.00392157 G 9 w 1 J 1 j 3552 1743 m 3559 946 l S Q q /GS593 gs 0.00392157 G 9 w 1 J 1 j 3559 946 m 3566 1063 l S Q q /GS594 gs 0.00392157 G 9 w 1 J 1 j 3566 1063 m 3573 1540 l S Q q /GS595 gs 0.00392157 G 9 w 1 J 1 j 3573 1540 m 3580 1407 l S Q q /GS596 gs 0.00392157 G 9 w 1 J 1 j 3580 1407 m 3587 1362 l S Q q /GS597 gs 0.00392157 G 9 w 1 J 1 j 3587 1362 m 3594 1262 l S Q q /GS598 gs 0.00392157 G 9 w 1 J 1 j 3594 1262 m 3601 967 l S Q q /GS599 gs 0.00392157 G 9 w 1 J 1 j 3601 967 m 3608 1087 l S Q q /GS600 gs 0.00392157 G 9 w 1 J 1 j 3608 1087 m 3615 1249 l S Q q /GS601 gs 0.00392157 G 9 w 1 J 1 j 3615 1249 m 3622 1228 l S Q q /GS602 gs 0.00392157 G 9 w 1 J 1 j 3622 1228 m 3630 1221 l S Q q /GS603 gs 0.00392157 G 9 w 1 J 1 j 3630 1221 m 3637 1343 l S Q q /GS604 gs 0.00392157 G 9 w 1 J 1 j 3637 1343 m 3644 1070 l S Q q /GS605 gs 0.00392157 G 9 w 1 J 1 j 3644 1070 m 3651 1264 l S Q q /GS606 gs 0.00392157 G 9 w 1 J 1 j 3651 1264 m 3658 1088 l S Q q /GS607 gs 0.00392157 G 9 w 1 J 1 j 3658 1088 m 3665 1225 l S Q q /GS608 gs 0.00392157 G 9 w 1 J 1 j 3665 1225 m 3672 1243 l S Q q /GS609 gs 0.00392157 G 9 w 1 J 1 j 3672 1243 m 3679 1362 l S Q q /GS610 gs 0.00392157 G 9 w 1 J 1 j 3679 1362 m 3686 1364 l S Q q /GS611 gs 0.00392157 G 9 w 1 J 1 j 3686 1364 m 3693 1244 l S Q q /GS612 gs 0.00392157 G 9 w 1 J 1 j 3693 1244 m 3700 1221 l S Q q /GS613 gs 0.00392157 G 9 w 1 J 1 j 3700 1221 m 3707 1435 l S Q q /GS614 gs 0.00392157 G 9 w 1 J 1 j 3707 1435 m 3714 1285 l S Q q /GS615 gs 0.00392157 G 9 w 1 J 1 j 3714 1285 m 3721 1258 l S Q q /GS616 gs 0.00392157 G 9 w 1 J 1 j 3721 1258 m 3729 1240 l S Q q /GS617 gs 0.00392157 G 9 w 1 J 1 j 3729 1240 m 3736 1139 l S Q q /GS618 gs 0.00392157 G 9 w 1 J 1 j 3736 1139 m 3743 1166 l S Q q /GS619 gs 0.00392157 G 9 w 1 J 1 j 3743 1166 m 3750 1403 l S Q q /GS620 gs 0.00392157 G 9 w 1 J 1 j 3750 1403 m 3757 1218 l S Q q /GS621 gs 0.00392157 G 9 w 1 J 1 j 3757 1218 m 3764 1377 l S Q q /GS622 gs 0.00392157 G 9 w 1 J 1 j 3764 1377 m 3771 1383 l S Q q /GS623 gs 0.00392157 G 9 w 1 J 1 j 3771 1383 m 3778 1178 l S Q q /GS624 gs 0.00392157 G 9 w 1 J 1 j 3778 1178 m 3785 1301 l S Q q /GS625 gs 0.00392157 G 9 w 1 J 1 j 3785 1301 m 3792 1156 l S Q q /GS626 gs 0.00392157 G 9 w 1 J 1 j 3792 1156 m 3799 1346 l S Q q /GS627 gs 0.00392157 G 9 w 1 J 1 j 3799 1346 m 3806 1276 l S Q q /GS628 gs 0.00392157 G 9 w 1 J 1 j 3806 1276 m 3813 1376 l S Q q /GS629 gs 0.00392157 G 9 w 1 J 1 j 3813 1376 m 3820 1156 l S Q q /GS630 gs 0.00392157 G 9 w 1 J 1 j 3820 1156 m 3828 1309 l S Q Q Q q 0.13334934 0 0 0.13321799 0 0 cm q /GS631 gs 0.00392157 G 5 w 2 J 1 j 440 483 m 440 2517 l S Q q /GS632 gs 0.00392157 G 5 w 2 J 1 j 440 2517 m 3829 2517 l S Q q /GS633 gs 0.00392157 G 5 w 2 J 1 j 3829 2517 m 3829 483 l S Q q /GS634 gs 0.00392157 G 5 w 2 J 1 j 3829 483 m 440 483 l S Q Q q 0.13334934 0 0 0.13321799 61.74074554 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS635 gs 0 g [(F)] TJ ET Q Q q 0.13334934 0 0 0.13321799 70.67515564 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS636 gs 0 g [(i)] TJ ET Q Q q 0.13334934 0 0 0.13321799 73.60884094 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS637 gs 0 g [(g)] TJ ET Q Q q 0.13334934 0 0 0.13321799 81.60980225 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS638 gs 0 g [(u)] TJ ET Q Q q 0.13334934 0 0 0.13321799 89.61075592 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS639 gs 0 g [(r)] TJ ET Q Q q 0.13334934 0 0 0.13321799 94.54468536 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS640 gs 0 g [(e)] TJ ET Q Q q 0.13334934 0 0 0.13321799 102.54564667 40.80412292 cm Q q 0.13334934 0 0 0.13321799 106.54612732 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS641 gs 0 g [(1)] TJ ET Q Q q 0.13334934 0 0 0.13321799 114.54708862 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS642 gs 0 g [(:)] TJ ET Q Q q 0.13334934 0 0 0.13321799 118.54756927 40.80412292 cm Q q 0.13334934 0 0 0.13321799 122.54804993 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS643 gs 0 g [(E)] TJ ET Q Q q 0.13334934 0 0 0.13321799 132.54925537 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS644 gs 0 g [(x)] TJ ET Q Q q 0.13334934 0 0 0.13321799 139.4834137 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS645 gs 0 g [(c)] TJ ET Q Q q 0.13334934 0 0 0.13321799 147.484375 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS646 gs 0 g [(e)] TJ ET Q Q q 0.13334934 0 0 0.13321799 155.4853363 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS647 gs 0 g [(s)] TJ ET Q Q q 0.13334934 0 0 0.13321799 163.48629761 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS648 gs 0 g [(s)] TJ ET Q Q q 0.13334934 0 0 0.13321799 171.48725891 40.80412292 cm Q q 0.13334934 0 0 0.13321799 175.48773193 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS649 gs 0 g [(R)] TJ ET Q Q q 0.13334934 0 0 0.13321799 186.42237854 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS650 gs 0 g [(e)] TJ ET Q Q q 0.13334934 0 0 0.13321799 194.42333984 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS651 gs 0 g [(t)] TJ ET Q Q q 0.13334934 0 0 0.13321799 198.42382813 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS652 gs 0 g [(u)] TJ ET Q Q q 0.13334934 0 0 0.13321799 206.42478943 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS653 gs 0 g [(r)] TJ ET Q Q q 0.13334934 0 0 0.13321799 211.35870361 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS654 gs 0 g [(n)] TJ ET Q Q q 0.13334934 0 0 0.13321799 219.35966492 40.80412292 cm Q q 0.13334934 0 0 0.13321799 223.3601532 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS655 gs 0 g [(o)] TJ ET Q Q q 0.13334934 0 0 0.13321799 231.3611145 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS656 gs 0 g [(n)] TJ ET Q Q q 0.13334934 0 0 0.13321799 239.36207581 40.80412292 cm Q q 0.13334934 0 0 0.13321799 243.36254883 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS657 gs 0 g [(S)] TJ ET Q Q q 0.13334934 0 0 0.13321799 253.36375427 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS658 gs 0 g [(&)] TJ ET Q Q q 0.13334934 0 0 0.13321799 263.36495972 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS659 gs 0 g [(P)] TJ ET Q Q q 0.13334934 0 0 0.13321799 273.3661499 40.80412292 cm Q q 0.13334934 0 0 0.13321799 277.36663818 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS660 gs 0 g [(5)] TJ ET Q Q q 0.13334934 0 0 0.13321799 285.36758423 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS661 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 293.36856079 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS662 gs 0 g [(0)] TJ ET Q Q q 0.13334934 0 0 0.13321799 301.36950684 40.80412292 cm Q q 0.13334934 0 0 0.13321799 305.36999512 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS663 gs 0 g [(I)] TJ ET Q Q q 0.13334934 0 0 0.13321799 308.30368042 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS664 gs 0 g [(n)] TJ ET Q Q q 0.13334934 0 0 0.13321799 316.30465698 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS665 gs 0 g [(d)] TJ ET Q Q q 0.13334934 0 0 0.13321799 324.30560303 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS666 gs 0 g [(e)] TJ ET Q Q q 0.13334934 0 0 0.13321799 332.30657959 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS667 gs 0 g [(x)] TJ ET Q Q q 0.13334934 0 0 0.13321799 339.24072266 40.80412292 cm Q q 0.13334934 0 0 0.13321799 343.24121094 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS668 gs 0 g [(f)] TJ ET Q Q q 0.13334934 0 0 0.13321799 347.24169922 40.80412292 cm q 0.99457544 0 0 1 0 0 cm BT /FAAAJH 113 Tf 1 0 0 -1 0 0 Tm /GS669 gs 0 g [(r)] TJ ET Q Q 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�� 2015 The Monotype Corporation. All Rights Reserved. 

Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.Arial  is a trademark of The Monotype Corporation.Monotype:Arial Regular (Microsoft)Version 6.90ArialMT� 2015 The Monotype Corporation. All Rights Reserved. 



Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.Monotype Type Drawing Office - Robin Nicholas, Patricia Saunders 1982You may use this font as permitted by the EULA for the product in which this font is included to display and print content.  You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
� 2015 The Monotype Corporation. All Rights Reserved. 

Hebrew OpenType Layout logic copyright � 2003 & 2007, Ralph Hancock & John Hudson. This layout logic for Biblical Hebrew is open source software under the MIT License; see embedded license description for details.Arial is a trademark of The Monotype Corporation.Monotype:Arial Regular (Microsoft)Version 6.90ArialMTMonotype Type Drawing Office - Robin Nicholas, Patricia Saunders 1982You may use this font as permitted by the EULA for the product in which this font is included to display and print content.  You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content.

The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew �Layout Logic� as jointly developed by Ralph Hancock and John Hudson. 

Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the �Layout Logic Software�), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:

The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.

THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
Normalnyoby

ejn�normalStandard��������Arial is a trademark of The Monotype Corporation.You may use this font as permitted by the EULA for the product in which this font is included to display and print content.  You may only (i) embed this font in content as permitted by the embedding restrictions included in this font; and (ii) temporarily download this font to a printer or other output device to help print content.



The following license, based on the MIT license (http://en.wikipedia.org/wiki/MIT_License), applies to the OpenType Layout logic for Biblical Hebrew  Layout Logic  as jointly developed by Ralph Hancock and John Hudson. 



Permission is hereby granted, free of charge, to any person obtaining a copy of the OpenType Layout logic for Biblical Hebrew and associated documentation files (the  Layout Logic Software ), to deal in the Layout Logic Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Layout Logic Software, and to permit persons to whom the Layout Logic Software is furnished to do so, subject to the following conditions:



The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Layout Logic Software.



THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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18 19.90299988 Tm [(Then)] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 42.65599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 46.48899841 19.90299988 Tm [(we)] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 60.48099899 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 64.31400299 19.90299988 Tm [(test)] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 80.97799683 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 84.81099701 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 99.47100067 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 103.30400085 19.90299988 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 151.26899719 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 155.102005 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 165.0980072 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 168.93099976 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 183.59100342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 187.42399597 19.90299988 Tm [(excess)] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 218.74200439 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 222.57499695 19.90299988 Tm [(return.)] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 254.227005 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 258.05999756 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 276.71600342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 280.54901123 19.90299988 Tm [(null)] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 299.2170105 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 303.04998779 19.90299988 Tm [(hypothesis)] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 354.38400269 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 358.2170105 19.90299988 Tm [(states)] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 384.87701416 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 388.70999146 19.90299988 Tm [(that)] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 406.70401001 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 410.5369873 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(autocorre)1(lation)] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 72.63300323 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 78.36499786 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 88.36100006 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 94.09300232 51.10300064 Tm [(excess)] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 125.41100311 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 131.14300537 51.10300064 Tm [(return)] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 159.79499817 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 165.5269928 51.10300064 Tm [(at)] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 174.18699646 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 179.91900635 51.10300064 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 201.24699402 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 206.97900391 51.10300064 Tm [(t)] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 210.31300354 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 216.04499817 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 233.3710022 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 239.10299683 51.10300064 Tm [(its)] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 250.44099426 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 256.17300415 51.10300064 Tm [(previous)] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 297.49899292 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 303.23098755 51.10300064 Tm [(value)] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 329.2170105 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 334.94900513 51.10300064 Tm [(is)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 342.95300293 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 348.68499756 51.10300064 Tm [(equal)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 374.67098999 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 380.40301514 51.10300064 Tm [(to)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 389.73699951 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 395.46899414 51.10300064 Tm [(0;)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 404.80300903 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 410.53500366 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 425.19500732 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(alte)1(rnative)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 50.63700104 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 55.20000076 82.3030014 Tm [(hypothesis)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 106.53399658 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 111.09700012 82.3030014 Tm [(states)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 137.75700378 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 142.32000732 82.3030014 Tm [(that)] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 160.31399536 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 164.8769989 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 179.53700256 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 184.1000061 82.3030014 Tm [(autocorre)1(lation)] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 256.73300171 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 261.29598999 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 271.29199219 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 275.85501099 82.3030014 Tm [(excess)] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 307.17300415 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 311.73599243 82.3030014 Tm [(return)] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 340.38800049 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 344.95098877 82.3030014 Tm [(at)] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 353.61099243 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 358.17401123 82.3030014 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 379.50201416 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 384.06500244 82.3030014 Tm [(t)] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 387.39898682 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 391.96200562 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 409.28799438 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 413.85101318 82.3030014 Tm [(its)] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 425.18899536 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(previous)] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 41.32600021 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 44.32600021 113.50299835 Tm [(value)] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 70.31199646 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 73.31199646 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 81.31600189 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 84.31600189 113.50299835 Tm [(NOT)] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 108.97799683 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 111.97799683 113.50299835 Tm [(equal)] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 137.96400452 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 140.96400452 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 150.29800415 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 153.29800415 113.50299835 Tm [(0.)] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 162.29800415 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 165.29800415 113.50299835 Tm [(That)] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 187.28799438 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 190.28799438 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 198.29200745 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 201.29200745 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 210.62600708 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 213.62600708 113.50299835 Tm [(say:)] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 232.95599365 113.50299835 Tm /GS692 gs 0 g [( )] TJ ET EMC q 1 0 0 1 6 125.80000305 cm /P <</MCID 113 >> BDC BT 1 0 0 -1 164.00999451 19.90299988 Tm /GS693 gs 0 g [(Ho:)] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 182.00999451 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 185.00999451 19.90299988 Tm [(corr)] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 204.32800293 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 207.32800293 19.90299988 Tm [(\(r)] TJ ET EMC /P <</MCID 118 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 215.32000732 21.70299911 Tm [(t)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 217.54299927 16.2670002 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 219.54299927 19.90299988 Tm [(,)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 222.54299927 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 225.54299927 19.90299988 Tm [(r)] TJ ET EMC /P <</MCID 123 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 229.53900146 21.70299911 Tm [(t-k)] TJ ET EMC /P <</MCID 124 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 238.42599487 19.90299988 Tm [(\)=0)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 255.19000244 19.90299988 Tm /GS694 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 6 158 cm /P <</MCID 126 >> BDC BT 1 0 0 -1 164.21200562 19.90299988 Tm /GS695 gs 0 g [(H)] TJ ET EMC /P <</MCID 127 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 172.87800598 21.70299911 Tm [(A)] TJ ET EMC /P <</MCID 128 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 178.65499878 19.90299988 Tm [(:)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 181.98899841 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 184.98899841 19.90299988 Tm [(corr)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 204.30700684 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 207.30700684 19.90299988 Tm [(\(r)] TJ ET EMC /P <</MCID 133 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 215.29899597 21.70299911 Tm [(t)] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 217.52200317 16.2670002 Tm [( )] TJ ET EMC /P <</MCID 135 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 219.52200317 19.90299988 Tm [(,)] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 222.52200317 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 225.52200317 19.90299988 Tm [(r)] TJ ET EMC /P <</MCID 138 >> BDC BT /FAAAAH 8 Tf 1 0 0 -1 229.51800537 21.70299911 Tm [(t-k)] TJ ET EMC /P <</MCID 139 >> BDC BT /FAAHEG 12 Tf 1 0 0 -1 238.40499878 19.90299988 Tm [<002C00490014>] TJ ET EMC /P <</MCID 140 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 254.98699951 19.90299988 Tm /GS696 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 190.19999695 cm /P <</MCID 141 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS697 gs 0 g [(   )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(Figure)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 49.33000183 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 54.72299957 19.90299988 Tm [(2)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 60.72299957 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 66.11599731 19.90299988 Tm [(represents)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 114.76100159 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 120.15399933 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 134.81399536 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 140.20700073 19.90299988 Tm [(sample)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 174.19700623 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 179.58999634 19.90299988 Tm [(excess)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 210.90800476 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 216.30099487 19.90299988 Tm [(returns)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 249.6230011 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 255.01600647 19.90299988 Tm [(correlogra)1(m.)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 316.65100098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 322.04400635 19.90299988 Tm [(From)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 348.04800415 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 353.44100952 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 368.10101318 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 373.49398804 19.90299988 Tm [(figure,)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 405.14599609 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 410.53900146 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 425.19900513 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(absolute)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 39.99000168 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 43.14599991 51.10300064 Tm [(values)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 73.80200195 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 76.95800018 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 86.95400238 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 90.11000061 51.10300064 Tm [(autocorre)1(lation)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 162.74299622 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 165.89900208 51.10300064 Tm [(were)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 189.21299744 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 192.3690033 51.10300064 Tm [(less)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 210.3690033 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 213.5249939 51.10300064 Tm [(than)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 234.18499756 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 237.34100342 51.10300064 Tm [(0.11)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 258.34100342 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 261.49700928 51.10300064 Tm [(at)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 270.15701294 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 273.31298828 51.10300064 Tm [(any)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 290.63900757 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 293.79501343 51.10300064 Tm [(lag,)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 311.45498657 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 314.61099243 51.10300064 Tm [(so)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 325.28100586 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 328.43701172 51.10300064 Tm [(we)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 342.4289856 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 345.58499146 51.10300064 Tm [(cannot)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 377.5710144 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 380.72698975 51.10300064 Tm [(rejec)1(t)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 407.36999512 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 410.52600098 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 425.18600464 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(null)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 18.66799927 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 22.04700089 82.3030014 Tm [(hypothesis.)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 76.3809967 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 79.76000214 82.3030014 Tm [(In)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 89.7559967 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 93.13500214 82.3030014 Tm [(conclusion,)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 148.125 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 151.5039978 82.3030014 Tm [(it)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 158.17199707 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 161.55099487 82.3030014 Tm [(is)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 169.55499268 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 172.93400574 82.3030014 Tm [(evident)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 208.2539978 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 211.63299561 82.3030014 Tm [(that)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 229.6269989 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 233.0059967 82.3030014 Tm [(there)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 256.98800659 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 260.36700439 82.3030014 Tm [(exists)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 287.70098877 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 291.07998657 82.3030014 Tm [(weak)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 316.39801025 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 319.77700806 82.3030014 Tm [(form)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 343.10299683 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 346.48199463 82.3030014 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 394.44699097 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 397.82598877 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 407.16000366 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 410.53900146 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 425.19900513 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(stock)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 25.32999992 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 27.96999931 113.50299835 Tm [(market)1(.)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 64.28600311 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 66.9260025 113.50299835 Tm [(However,)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 113.90599823 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 116.54599762 113.50299835 Tm [(this)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 133.88400269 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 136.52400208 113.50299835 Tm [(method)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 172.51800537 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 175.15800476 113.50299835 Tm [(merel)1(y)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 208.47399902 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 211.11399841 113.50299835 Tm [(tests)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 232.44799805 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 235.08799744 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 249.7480011 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 252.38800049 113.50299835 Tm [(weak)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 277.70599365 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 280.3460083 113.50299835 Tm [(form)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 303.67199707 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 306.31201172 113.50299835 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 357.27700806 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 359.91699219 113.50299835 Tm [(Testing)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 395.91101074 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 398.55099487 113.50299835 Tm [(semi-)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(strong)] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 30 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 33.43799973 144.70300293 Tm [(form)] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 56.76399994 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 60.20199966 144.70300293 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 108.16699982 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 111.60500336 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 128.93099976 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 132.3690033 144.70300293 Tm [(strong)] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 162.3690033 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 165.80700684 144.70300293 Tm [(form)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 189.13299561 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 192.57099915 144.70300293 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 240.53599548 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 243.97399902 144.70300293 Tm [(may)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 264.63400269 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 268.07199097 144.70300293 Tm [(have)] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 290.72399902 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 294.1619873 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 308.82199097 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 312.26000977 144.70300293 Tm [(same)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 336.91598511 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 340.35400391 144.70300293 Tm [(procedure)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 388.32501221 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 391.76300049 144.70300293 Tm [(but)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 407.09698486 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 410.53500366 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 425.19500732 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(model)] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 29.99399948 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 32.99399948 175.90299988 Tm [(we)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 46.98600006 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 49.98600006 175.90299988 Tm [(choose)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 83.30799866 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 86.30799866 175.90299988 Tm [(might)] TJ ET 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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS702 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS703 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(6)] TJ /GS704 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(   )] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 27.99600029 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 32.88299942 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 47.54299927 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 52.43000031 19.90299988 Tm [(1980s,)] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 84.09999847 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 88.98699951 19.90299988 Tm [(with)] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 110.32099915 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 115.20800018 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 129.86799622 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 134.75500488 19.90299988 Tm [(developm)1(ent)] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 196.73500061 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 201.62199402 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 211.61799622 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 216.50500488 19.90299988 Tm [(behavioura)1(l)] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 273.14801025 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 278.03500366 19.90299988 Tm [(finance)1(,)] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 316.34399414 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 321.23098755 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 335.89099121 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 340.77801514 19.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 367.44400024 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 372.33099365 19.90299988 Tm [(faces)] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 396.97601318 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 401.86300659 19.90299988 Tm [(huge)] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 425.18899536 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(chall)1(enges.)] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 53.64300156 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 56.67399979 51.10300064 Tm [(Theoret)1(ically)] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 120.64099884 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 123.67199707 51.10300064 Tm [(speaking,)] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 169.32800293 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 172.35899353 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 187.01899719 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 190.05000305 51.10300064 Tm [(criti)1(cs)] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 219.36999512 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 222.40100098 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 232.39700317 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 235.42799377 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 250.08799744 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 253.1190033 51.10300064 Tm [(EMH)] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 279.78500366 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 282.81600952 51.10300064 Tm [(argue)] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 309.46398926 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 312.49499512 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 330.48901367 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 333.51998901 51.10300064 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 390.17401123 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 393.20498657 51.10300064 Tm [(cannot)] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 425.19100952 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(be)] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 11.32600021 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 14.35099983 82.3030014 Tm [(gathere)1(d)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 55.65999985 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 58.68500137 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 76.01100159 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 79.03600311 82.3030014 Tm [(expanded)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 125.01499939 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 128.03999329 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 137.37399292 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 140.39900208 82.3030014 Tm [(all)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 152.39300537 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 155.41799927 82.3030014 Tm [(investors)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 198.7480011 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 201.772995 82.3030014 Tm [(instantl)1(y.)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 246.10499573 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 249.13000488 82.3030014 Tm [(Grossman)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 297.79199219 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 300.81698608 82.3030014 Tm [(\(1976\))] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 332.80899048 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 335.83401489 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 353.16000366 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 356.18499756 82.3030014 Tm [(Grossman)] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 404.84698486 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 407.87200928 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 425.19799805 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(Stigli)1(tz)] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 34.66999817 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 38.88100052 113.50299835 Tm [(\(1980\))] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 70.8730011 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 75.08399963 113.50299835 Tm [(argue)] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 101.73200226 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 105.94300079 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 123.93699646 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 128.147995 113.50299835 Tm [(if)] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 135.47799683 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 139.68899536 113.50299835 Tm [(asset)] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 163.01499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 167.22599792 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 200.54200745 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 204.75300598 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 212.75700378 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 216.96800232 113.50299835 Tm [(fully)] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 239.63200378 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 243.84300232 113.50299835 Tm [(effici)1(ent,)] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 286.81600952 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 291.02700806 113.50299835 Tm [(nobody)] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 327.02700806 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 331.23800659 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 339.24200439 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 343.45300293 113.50299835 Tm [(willi)1(ng)] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 377.45498657 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 381.66598511 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 391 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 395.21099854 113.50299835 Tm [(gather)] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 425.19299316 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 56.65399933 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 58.98799896 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 76.31400299 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 78.64800262 144.70300293 Tm [(there)] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 102.62999725 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 104.96399689 144.70300293 Tm [(is)] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 112.96800232 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 115.30200195 144.70300293 Tm [(no)] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 127.30200195 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 129.63600159 144.70300293 Tm [(reason)] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 160.95399475 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 163.28799438 144.70300293 Tm [(to)] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 172.62199402 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 174.95599365 144.70300293 Tm [(trade.)] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 201.93800354 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 204.27200317 144.70300293 Tm [(Empiri)1(cally)] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 260.92001343 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 263.2539978 144.70300293 Tm [(speaking,)] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 308.91000366 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 311.24398804 144.70300293 Tm [(when)] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 337.23599243 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 339.57000732 144.70300293 Tm [(we)] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 353.56201172 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 355.89599609 144.70300293 Tm [(test)] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 372.55999756 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 374.89401245 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 389.5539856 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 391.88800049 144.70300293 Tm [(market)] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 425.20401001 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(effici)1(ency,)] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 50.96500015 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 55.38700104 175.90299988 Tm [(we)] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 69.3789978 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 73.8010025 175.90299988 Tm [(assume)] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 109.1269989 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 113.5490036 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 128.20899963 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 132.6309967 175.90299988 Tm [(model)] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 162.625 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 167.04699707 175.90299988 Tm [(we)] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 181.03900146 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 185.46099854 175.90299988 Tm [(use)] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 201.45700073 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 205.8789978 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 213.88299561 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 218.30499268 175.90299988 Tm [(correct)1(.)] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 254.61000061 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 259.03201294 175.90299988 Tm [(So,)] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 274.70599365 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 279.12799072 175.90299988 Tm [(if)] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 286.45800781 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 290.88000488 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 305.54000854 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 309.96200562 175.90299988 Tm [(result)] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 336.62200928 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 341.04400635 175.90299988 Tm [(indica)1(tes)] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 383.69400024 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 388.11599731 175.90299988 Tm [(that)] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 406.10998535 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 410.53201294 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 425.19198608 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(market)] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 33.31600189 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 36.95999908 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 44.9640007 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 48.60800171 207.10299683 Tm [(ineffic)1(ient,)] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 100.91500092 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 104.55899811 207.10299683 Tm [(we)] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 118.5510025 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 122.19499969 207.10299683 Tm [(may)] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 142.85499573 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 146.49899292 207.10299683 Tm [(think)] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 171.16700745 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 174.81100464 207.10299683 Tm [(that)] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 192.80499268 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 196.44900513 207.10299683 Tm [(it)] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 203.11700439 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 206.76100159 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 214.76499939 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 218.40899658 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 233.06900024 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 236.71299744 207.10299683 Tm [(problem)] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 276.70300293 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 280.34698486 207.10299683 Tm [(of)] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 290.34298706 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 293.98699951 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 308.64700317 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 312.29098511 207.10299683 Tm [(model)] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 342.28500366 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 345.9289856 207.10299683 Tm [(we)] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 359.92098999 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 363.56500244 207.10299683 Tm [(choose)] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 396.88699341 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 400.53100586 207.10299683 Tm [(since)] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 425.18701172 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(they)] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 20.65999985 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 23.77799988 238.30299377 Tm [(have)] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 46.43000031 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 49.54800034 238.30299377 Tm [(their)] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 71.53800201 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 74.65599823 238.30299377 Tm [(own)] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 95.3219986 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 98.44000244 238.30299377 Tm [(weaknesses.)] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 157.41999817 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 160.53799438 238.30299377 Tm [(For)] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 177.20799255 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 180.32600403 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 194.98599243 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 198.10400391 238.30299377 Tm [(reason)] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 229.42199707 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 232.53999329 238.30299377 Tm [(that)] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 250.53399658 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 253.6519928 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 268.31201172 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 271.42999268 238.30299377 Tm [(validi)1(ty)] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 308.0920105 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 311.20999146 238.30299377 Tm [(of)] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 321.20599365 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 324.32400513 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 338.98400879 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 342.10198975 238.30299377 Tm [(EMH)] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 368.76800537 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 371.88598633 238.30299377 Tm [(comple)1(tely)] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 425.20001221 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(relie)1(s)] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 25.98600006 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 30.01099968 269.50299072 Tm [(on)] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 42.01100159 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 46.0359993 269.50299072 Tm [(empiri)1(cal)] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 91.34700012 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 95.37200165 269.50299072 Tm [(analysis,)] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 137.03199768 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 141.05700684 269.50299072 Tm [(some)] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 166.38699341 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 170.41200256 269.50299072 Tm [(asset)] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 193.73800659 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 197.76300049 269.50299072 Tm [(market)] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 231.07899475 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 235.10400391 269.50299072 Tm [(anomal)1(ies)] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 283.7539978 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 287.7789917 269.50299072 Tm [(have)] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 310.43099976 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 314.45599365 269.50299072 Tm [(a)] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 319.78201294 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 323.80700684 269.50299072 Tm [(strong)] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 353.80700684 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 357.83200073 269.50299072 Tm [(impac)1(t)] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 390.48599243 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 394.51098633 269.50299072 Tm [(on)] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 406.51098633 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 410.53601074 269.50299072 Tm [(the)] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 425.1960144 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 0 300.70300293 Tm [(EMH.)] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 29.66600037 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 32.19100189 300.70300293 Tm [(For)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 48.86100006 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 51.38600159 300.70300293 Tm [(instance)1(,)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 93.70200348 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 96.22699738 300.70300293 Tm [(Thale)1(r)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 127.53900146 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 130.06399536 300.70300293 Tm [(\(1987\))] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 162.05599976 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 164.58099365 300.70300293 Tm [(finds)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 188.58099365 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 191.10600281 300.70300293 Tm [(the)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 205.76600647 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 208.29100037 300.70300293 Tm [(January)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 245.60899353 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 248.13400269 300.70300293 Tm [(effect)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 275.43899536 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 277.96398926 300.70300293 Tm [(�)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 283.96398926 300.70300293 Tm [(the)] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 298.62399292 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 301.14898682 300.70300293 Tm [(shares)] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 331.13699341 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 333.6619873 300.70300293 Tm [(of)] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 343.6579895 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 346.18301392 300.70300293 Tm [(small)] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 372.18099976 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 374.70599365 300.70300293 Tm [(firms)] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 400.03601074 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 402.56100464 300.70300293 Tm [(have)] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 425.2130127 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 0 331.90301514 Tm [(a)] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 5.32600021 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 7.9000001 331.90301514 Tm [(higher)] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 38.55599976 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 41.13000107 331.90301514 Tm [(possibilit)1(y)] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 91.13999939 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 93.71399689 331.90301514 Tm [(to)] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 103.04799652 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 105.62200165 331.90301514 Tm [(experie)1(nce)] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 157.58299255 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 160.15699768 331.90301514 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 230.10600281 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 232.67999268 331.90301514 Tm [(return)] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 261.33200073 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 263.90600586 331.90301514 Tm [(in)] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 273.23999023 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 275.81399536 331.90301514 Tm [(the)] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 290.47399902 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 293.04800415 331.90301514 Tm [(first)] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 312.37799072 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 314.95199585 331.90301514 Tm [(half)] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 333.60800171 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 336.18200684 331.90301514 Tm [(of)] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 346.17800903 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 348.75201416 331.90301514 Tm [(January;)] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 389.4039917 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 391.97799683 331.90301514 Tm [(Lo)] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 405.30801392 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 407.88198853 331.90301514 Tm [(and)] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 425.20800781 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 0 363.10302734 Tm [(Mackinla)1(y)] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 51.31600189 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 54.29100037 363.10302734 Tm [(\(2002\))] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 86.28299713 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 89.25800323 363.10302734 Tm [(find)] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 108.58799744 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 111.56300354 363.10302734 Tm [(that)] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 129.55700684 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 132.53199768 363.10302734 Tm [(the)] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 147.19200134 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 150.16700745 363.10302734 Tm [(short-run)] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 194.15899658 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 197.13400269 363.10302734 Tm [(serial)] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 223.11999512 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 226.09500122 363.10302734 Tm [(correla)1(tions)] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 282.73800659 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 285.7130127 363.10302734 Tm [(of)] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 295.70901489 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 298.68399048 363.10302734 Tm [(stock)] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 324.01400757 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 326.98901367 363.10302734 Tm [(returns)] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 360.31100464 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 363.28601074 363.10302734 Tm [(are)] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 377.93399048 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 380.90899658 363.10302734 Tm [(not)] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 396.24301147 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 399.21798706 363.10302734 Tm [(equal)] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 425.20401001 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 0 394.30297852 Tm [(to)] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 9.33399963 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 12.64500046 394.30297852 Tm [(zero)] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 33.29299927 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 36.60400009 394.30297852 Tm [(and)] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 53.93000031 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 57.24100113 394.30297852 Tm [(stocks)] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 87.24099731 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 90.55200195 394.30297852 Tm [(which)] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 119.87799835 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 123.18900299 394.30297852 Tm [(have)] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 145.84100342 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 149.1519928 394.30297852 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 219.10099792 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 222.41200256 394.30297852 Tm [(return)] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 251.06399536 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 254.375 394.30297852 Tm [(tend)] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 275.03500366 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 278.3460083 394.30297852 Tm [(to)] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 287.67999268 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 290.99099731 394.30297852 Tm [(move)] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 317.65100098 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 320.96200562 394.30297852 Tm [(in)] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 330.29598999 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 333.60699463 394.30297852 Tm [(the)] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 348.26699829 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 351.57800293 394.30297852 Tm [(same)] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 376.23400879 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 379.54501343 394.30297852 Tm [(direct)1(ion,)] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 425.19500732 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 0 425.50299072 Tm [(which)] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 29.32600021 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 34.1570015 425.50299072 Tm [(was)] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 52.81900024 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 57.65000153 425.50299072 Tm [(call)1(ed)] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 86.29599762 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 91.1269989 425.50299072 Tm [(as)] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 101.1230011 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 105.95400238 425.50299072 Tm [(Momentum)] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 161.95199585 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 166.78300476 425.50299072 Tm [(Effect)] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 196.09199524 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 200.92300415 425.50299072 Tm [(and)] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 218.24899292 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 223.08000183 425.50299072 Tm [(init)1(ially)] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 260.41000366 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 265.24099731 425.50299072 Tm [(found)] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 293.23699951 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 298.06799316 425.50299072 Tm [(by)] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 310.06799316 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 314.89898682 425.50299072 Tm [(Jagadeesh)] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 363.54400635 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 368.375 425.50299072 Tm [(and)] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 385.70098877 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 390.53201294 425.50299072 Tm [(Titm)1(an)] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 425.19000244 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 0 456.70300293 Tm [(\(1993\);)] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 35.32600021 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 39.04800034 456.70300293 Tm [(Hirshleifer)] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 91.02700043 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 94.74900055 456.70300293 Tm [(and)] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 112.07499695 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 115.79699707 456.70300293 Tm [(Shumway)] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 163.79699707 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 167.51899719 456.70300293 Tm [(\(2003\))] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 199.51100159 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 203.23300171 456.70300293 Tm [(find)] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 222.56300354 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 226.28500366 456.70300293 Tm [(that)] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 244.27900696 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 248.00100708 456.70300293 Tm [(asset)] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 271.32699585 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 275.04901123 456.70300293 Tm [(prices)] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 303.70098877 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 307.42300415 456.70300293 Tm [(are)] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 322.0710144 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 325.79299927 456.70300293 Tm [(negati)1(vely)] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 375.77301025 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 379.49499512 456.70300293 Tm [(relat)1(ed)] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 412.13800049 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 415.85998535 456.70300293 Tm [(to)] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 425.19400024 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 0 487.90301514 Tm [(cloudy)] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 32.65999985 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 37.13000107 487.90301514 Tm [(weather.)] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 78.10500336 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 82.57499695 487.90301514 Tm [(Therefore)1(,)] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 132.87199402 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 137.34199524 487.90301514 Tm [(the)] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 152.0019989 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 156.47200012 487.90301514 Tm [(existenc)1(e)] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 201.11500549 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 205.58500671 487.90301514 Tm [(of)] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 215.58099365 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 220.05099487 487.90301514 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 262.02801514 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 266.49798584 487.90301514 Tm [(anomal)1(ies)] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 315.14801025 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 319.61801147 487.90301514 Tm [(impl)1(ies)] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 354.95001221 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 359.42001343 487.90301514 Tm [(that)] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 377.41400146 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 381.88400269 487.90301514 Tm [(techni)1(cal)] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 425.19100952 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 0 519.10302734 Tm [(analysis)] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 38.65999985 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 44.5340004 519.10302734 Tm [(\(using)] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 74.53399658 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 80.40799713 519.10302734 Tm [(some)] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 105.73799896 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 111.61199951 519.10302734 Tm [(trading)] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 145.602005 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 151.47599792 519.10302734 Tm [(rules)] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 174.80200195 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 180.67599487 519.10302734 Tm [(to)] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 190.00999451 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 195.88400269 519.10302734 Tm [(exploit)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 229.21200562 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 235.08599854 519.10302734 Tm [(the)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 249.7460022 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 255.61999512 519.10302734 Tm [(profitabl)1(e)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 302.26599121 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 308.14001465 519.10302734 Tm [(opportuniti)1(es\))] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 375.46398926 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 381.3380127 519.10302734 Tm [(could)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 407.99798584 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 413.87200928 519.10302734 Tm [(be)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 425.19799805 519.10302734 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 0 550.30303955 Tm [(effect)1(ive,)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 44.96500015 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 47.76100159 550.30303955 Tm [(and)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 65.08699799 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 67.88300323 550.30303955 Tm [(investors)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 111.21299744 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 114.00900269 550.30303955 Tm [(could)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 140.66900635 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 143.46499634 550.30303955 Tm [(earn)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 164.11300659 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 166.90899658 550.30303955 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 236.85800171 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 239.65400696 550.30303955 Tm [(profits.)] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 273.98400879 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 276.77999878 550.30303955 Tm [(Not)] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 294.77999878 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 297.57598877 550.30303955 Tm [(only)] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 318.91000366 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 321.70599365 550.30303955 Tm [(that,)] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 342.70001221 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 345.4960022 550.30303955 Tm [(the)] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 360.15600586 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 362.95199585 550.30303955 Tm [(EMH)] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 389.61801147 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 392.41400146 550.30303955 Tm [(fails)] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 413.07400513 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 415.86999512 550.30303955 Tm [(to)] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 425.20401001 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 0 581.50299072 Tm [(explai)1(n)] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 35.31999969 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 38.59600067 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 53.25600052 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 56.5320015 581.50299072 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 98.50900269 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 101.78500366 581.50299072 Tm [(crisis.)] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 130.11500549 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 133.39100647 581.50299072 Tm [(Thus,)] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 160.39100647 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 163.66700745 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 178.32699585 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 181.60299683 581.50299072 Tm [(weaknesses)] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 237.58299255 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 240.85899353 581.50299072 Tm [(of)] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 250.85499573 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 254.1309967 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 268.79098511 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 272.06698608 581.50299072 Tm [(EMH)] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 298.73300171 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 302.00900269 581.50299072 Tm [(promote)] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 341.99899292 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 345.2749939 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 359.93499756 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 363.21099854 581.50299072 Tm [(developm)1(ent)] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 425.19100952 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 0 612.70300293 Tm [(of)] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 9.99600029 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 13.08500004 612.70300293 Tm [(behavioura)1(l)] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 69.72799683 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 72.81700134 612.70300293 Tm [(finance)] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 108.12599945 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 111.21499634 612.70300293 Tm [(and)] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 128.54100037 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 131.63000488 612.70300293 Tm [(establi)1(s)-1(h)] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 173.62399292 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 176.71299744 612.70300293 Tm [(a)] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 182.03900146 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 544 >> BDC BT 1 0 0 -1 185.12800598 612.70300293 Tm [(new)] TJ ET EMC /P <</MCID 545 >> BDC BT 1 0 0 -1 205.11999512 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 546 >> BDC BT 1 0 0 -1 208.20899963 612.70300293 Tm [(hypothesis)] TJ ET EMC /P <</MCID 547 >> BDC BT 1 0 0 -1 259.54299927 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 548 >> BDC BT 1 0 0 -1 262.63198853 612.70300293 Tm [(�)] TJ ET EMC /P <</MCID 549 >> BDC BT 1 0 0 -1 268.63198853 612.70300293 Tm [(the)] TJ ET EMC /P <</MCID 550 >> BDC BT 1 0 0 -1 283.29199219 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 551 >> BDC BT 1 0 0 -1 286.38101196 612.70300293 Tm [(Adaptive)] TJ ET EMC /P <</MCID 552 >> BDC BT 1 0 0 -1 330.36700439 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 553 >> BDC BT 1 0 0 -1 333.45599365 612.70300293 Tm [(Market)] TJ ET EMC /P <</MCID 554 >> BDC BT 1 0 0 -1 368.10800171 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 555 >> BDC BT 1 0 0 -1 371.19699097 612.70300293 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 556 >> BDC BT 1 0 0 -1 425.19699097 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 557 >> BDC BT 1 0 0 -1 0 643.90301514 Tm [(\(AMH)-1(\).)] TJ ET EMC /P <</MCID 558 >> BDC BT 1 0 0 -1 38.99399948 643.90301514 Tm /GS705 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 656.20001221 cm /P <</MCID 559 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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<</Length 45257>>stream
1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS706 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS707 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(7)] TJ /GS708 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</Lang (zh-CN) /MCID 0 >> BDC BT /FAAADI 12 Tf 1 0 0 -1 0 20.00600052 Tm 2 Tr 0 g 0.34285715 w 0 G [<0009>] TJ ET EMC /P <</MCID 1 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 12.08399963 20.00600052 Tm 0 Tr [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 18.08399963 20.00600052 Tm [(Adaptive)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 64.7539978 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 67.7539978 20.00600052 Tm [(Market)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 106.40200043 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 109.40200043 20.00600052 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 166.08000183 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 169.08000183 20.00600052 Tm /GS709 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 32.20000076 cm /P <</MCID 9 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS710 gs 0 g [(   )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 27.99600029 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 31.07799911 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 45.73799896 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 48.81999969 19.90299988 Tm [(late)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 66.13999939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 69.22200012 19.90299988 Tm [(1980s,)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 100.89199829 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 103.97399902 19.90299988 Tm [(economi)1(s)-1(t)1(s)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 157.96800232 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 161.05000305 19.90299988 Tm [(try)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 174.38000488 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 177.46200562 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 186.79600525 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 189.87800598 19.90299988 Tm [(use)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 205.87399292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 208.95599365 19.90299988 Tm [(behavioura)1(l)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 265.59899902 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 268.68099976 19.90299988 Tm [(approache)1(s)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 322.65200806 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 325.73400879 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 335.06799316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 338.1499939 19.90299988 Tm [(analyz)1(e)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 374.78900146 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 377.8710022 19.90299988 Tm [(investors�)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(behaviour)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 47.98199844 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 52.84500122 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 70.17099762 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 75.03399658 51.10300064 Tm [(judge)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 101.69400024 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 106.55699921 51.10300064 Tm [(whether)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 145.20500183 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 150.06799316 51.10300064 Tm [(asset)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 173.39399719 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 178.25700378 51.10300064 Tm [(prices)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 206.90899658 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 211.77200317 51.10300064 Tm [(are)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 226.41999817 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 231.28300476 51.10300064 Tm [(predict)1(able.)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 287.58599854 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 292.44900513 51.10300064 Tm [(Some)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 319.7829895 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 324.64599609 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 334.64199829 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 339.50500488 51.10300064 Tm [(them)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 363.49899292 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 368.36199951 51.10300064 Tm [(connect)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 405.67401123 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 410.5369873 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 425.19699097 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(evoluti)1(onary)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 60.65000153 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 64.68099976 82.3030014 Tm [(principl)1(es)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 112.00099945 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 116.03199768 82.3030014 Tm [(with)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 137.36599731 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 141.39700317 82.3030014 Tm [(investors�)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 188.7230072 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 192.7539978 82.3030014 Tm [(behaviour.)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 243.73599243 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 247.76699829 82.3030014 Tm [(They)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 272.42300415 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 276.45401001 82.3030014 Tm [(demonstrat)1(e)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 335.1000061 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 339.13101196 82.3030014 Tm [(that)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 357.125 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 361.15600586 82.3030014 Tm [(people)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 393.14199829 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 397.17300415 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 406.50698853 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 410.53799438 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 425.19799805 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 41.97700119 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 45.22700119 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 78.54299927 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 81.79299927 113.50299835 Tm [(are)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 96.44100189 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 99.69100189 113.50299835 Tm [(akin)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 120.35099792 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 123.60099792 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 132.93499756 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 136.18499756 113.50299835 Tm [(organisms)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 185.51499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 188.76499939 113.50299835 Tm [(in)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 198.09899902 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 201.34899902 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 216.00900269 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 219.25900269 113.50299835 Tm [(ecosystem.)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 272.24499512 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 275.49499512 113.50299835 Tm [(Through)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 316.8210144 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 320.0710144 113.50299835 Tm [(generat)1(ions)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 375.38299561 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 378.63299561 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 388.6289978 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 391.8789978 113.50299835 Tm [(natural)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 425.19500732 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(select)1(ion,)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 45.65000153 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 48.8409996 144.70300293 Tm [(only)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 70.17500305 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 73.36599731 144.70300293 Tm [(those)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 98.69599915 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 101.88700104 144.70300293 Tm [(investors)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 145.21699524 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 148.40800476 144.70300293 Tm [(who)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 169.07400513 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 172.26499939 144.70300293 Tm [(successfully)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 230.91700745 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 234.10800171 144.70300293 Tm [(adapt)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 260.09399414 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 263.28500366 144.70300293 Tm [(to)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 272.61898804 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 275.80999756 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 290.47000122 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 293.66101074 144.70300293 Tm [(environme)1(nt)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 354.31100464 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 357.50201416 144.70300293 Tm [(can)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 374.1539917 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 377.34500122 144.70300293 Tm [(survive)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 412.67098999 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 415.86199951 144.70300293 Tm [(in)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 425.1960144 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 14.65999985 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 16.93099976 175.90299988 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 58.90800095 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 61.17900085 175.90299988 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 102.16500092 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 104.43599701 175.90299988 Tm [(Andrew)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 143.08999634 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 145.36099243 175.90299988 Tm [(Lo)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 158.69099426 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 160.96200562 175.90299988 Tm [(\(2004\))] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 192.95399475 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 195.2250061 175.90299988 Tm [(firstly)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 223.88900757 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 226.16000366 175.90299988 Tm [(proposes)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 268.82199097 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 271.09298706 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 285.75299072 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 288.02398682 175.90299988 Tm [(Adaptive)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 332.01000977 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 334.28100586 175.90299988 Tm [(Market)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 368.93301392 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 371.20401001 175.90299988 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 425.20401001 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(\(AMH)-1(\))] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 35.99399948 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 40.59600067 207.10299683 Tm [(in)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 49.93000031 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 54.5320015 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 69.19200134 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 73.79399872 207.10299683 Tm [(paper)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 100.44200134 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 105.04399872 207.10299683 Tm [(<The)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 130.46800232 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 135.07000732 207.10299683 Tm [(Adaptive)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 179.05599976 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 183.65800476 207.10299683 Tm [(Market)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 218.30999756 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 222.91200256 207.10299683 Tm [(Hypothesis)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 276.9119873 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 281.51400757 207.10299683 Tm [(�)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 287.51400757 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 292.11599731 207.10299683 Tm [(Market)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 326.76800537 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 331.36999512 207.10299683 Tm [(Effici)1(ency)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 381.33898926 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 385.94100952 207.10299683 Tm [(from)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 409.26699829 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 413.86898804 207.10299683 Tm [(an)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 425.19500732 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(Evoluti)1(onary)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 62.65399933 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 67.21600342 238.30299377 Tm [(Perspective)1(>.)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 132.29600525 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 136.85800171 238.30299377 Tm [(He)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 150.8500061 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 155.41200256 238.30299377 Tm [(makes)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 186.06799316 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 190.63000488 238.30299377 Tm [(several)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 224.60899353 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 229.17100525 238.30299377 Tm [(assumptions)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 288.50900269 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 293.0710144 238.30299377 Tm [(of)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 303.06698608 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 307.6289978 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 322.28900146 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 326.85101318 238.30299377 Tm [(AMH)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 354.85299683 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 359.41500854 238.30299377 Tm [(in)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 368.74899292 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 373.31100464 238.30299377 Tm [(this)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 390.64898682 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 395.21099854 238.30299377 Tm [(paper:)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 425.19299316 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(Firstly,)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 34.34199905 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 37.72600174 269.50299072 Tm [(he)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 49.05199814 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 52.43600082 269.50299072 Tm [(agrees)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 83.08100128 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 86.46499634 269.50299072 Tm [(with)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 107.7990036 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 111.18299866 269.50299072 Tm [(bounded)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 152.50900269 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 155.89300537 269.50299072 Tm [(rationa)1(lity)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 205.21099854 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 208.59500122 269.50299072 Tm [(proposed)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 252.58700562 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 255.97099304 269.50299072 Tm [(by)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 267.9710083 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 271.35501099 269.50299072 Tm [(Simon)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 302.69699097 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 306.08099365 269.50299072 Tm [(\(1955\).)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 341.07299805 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 344.45700073 269.50299072 Tm [(Investors)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 388.44900513 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 391.83300781 269.50299072 Tm [(are)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 406.48098755 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 409.86499023 269.50299072 Tm [(not)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 425.19900513 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 0 300.70300293 Tm [(always)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 33.3219986 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 35.81999969 300.70300293 Tm [(seeking)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 72.47599792 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 74.97399902 300.70300293 Tm [(optim)1(ization)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 135.63000488 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 138.12800598 300.70300293 Tm [(because)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 176.10299683 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 178.60099792 300.70300293 Tm [(optim)1(ization)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 239.25700378 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 241.75500488 300.70300293 Tm [(is)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 249.75900269 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 252.25700378 300.70300293 Tm [(costly)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 280.92098999 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 283.41900635 300.70300293 Tm [(and)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 300.74499512 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 303.24301147 300.70300293 Tm [(not)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 318.57699585 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 321.07501221 300.70300293 Tm [(all)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 333.06900024 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 335.56698608 300.70300293 Tm [(investors)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 378.89700317 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 381.39498901 300.70300293 Tm [(are)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 396.04299927 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 398.54098511 300.70300293 Tm [(smart)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 425.20098877 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 0 331.90301514 Tm [(to)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 9.33399963 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 15.05500031 331.90301514 Tm [(pursue)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 47.04700089 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 52.76800156 331.90301514 Tm [(optim)1(ization.)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 116.4240036 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 122.14499664 331.90301514 Tm [(Contraril)1(y,)] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 174.46899414 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 180.19000244 331.90301514 Tm [(they)] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 200.8500061 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 206.57099915 331.90301514 Tm [(merel)1(y)] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 239.88699341 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 245.60800171 331.90301514 Tm [(prefer)] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 274.24899292 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 279.97000122 331.90301514 Tm [(to)] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 289.3039856 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 295.0249939 331.90301514 Tm [(be)] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 306.35101318 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 312.07199097 331.90301514 Tm [(satisfact)1(ory)] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 367.38400269 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 373.10501099 331.90301514 Tm [(or)] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 383.10101318 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 388.82199097 331.90301514 Tm [(at)] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 397.48199463 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 403.20300293 331.90301514 Tm [(least)] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 425.19299316 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 0 363.10302734 Tm [(survival.)] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 41.65999985 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 44.40200043 363.10302734 Tm [(That)] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 66.39199829 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 69.13400269 363.10302734 Tm [(is)] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 77.13800049 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 79.87999725 363.10302734 Tm [(to)] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 89.21399689 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 91.95600128 363.10302734 Tm [(say,)] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 110.95200348 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 113.69400024 363.10302734 Tm [(investors)] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 157.02400208 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 159.76600647 363.10302734 Tm [(are)] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 174.41400146 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 177.15600586 363.10302734 Tm [(�bounded)] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 223.80799866 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 226.55000305 363.10302734 Tm [(in)] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 235.88400269 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 238.62600708 363.10302734 Tm [(their)] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 260.61599731 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 263.35800171 363.10302734 Tm [(rationa)1(lity�)] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 318.00299072 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 320.74499512 363.10302734 Tm [(\(Lo,)] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 341.0710144 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 343.81298828 363.10302734 Tm [(2004\).)] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 374.80899048 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 377.55099487 363.10302734 Tm [(Secondly,)] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 425.21099854 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 0 394.30297852 Tm [(investors)] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 43.33000183 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 47.49599838 394.30297852 Tm [(are)] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 62.14400101 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 66.30999756 394.30297852 Tm [(not)] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 81.64399719 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 85.80999756 394.30297852 Tm [(quite)] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 109.80400085 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 113.97000122 394.30297852 Tm [(intel)1(ligent)] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 162.62600708 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 166.79200745 394.30297852 Tm [(to)] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 176.12600708 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 180.29200745 394.30297852 Tm [(make)] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 206.27799988 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 210.44400024 394.30297852 Tm [(correct)] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 243.74899292 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 247.91499329 394.30297852 Tm [(react)1(ions)] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 291.22698975 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 295.39300537 394.30297852 Tm [(when)] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 321.38500977 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 325.55099487 394.30297852 Tm [(the)] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 340.21099854 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 344.37701416 394.30297852 Tm [(new)] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 364.36898804 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 368.53500366 394.30297852 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 425.18899536 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 0 425.50299072 Tm [(influenc)1(e)] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 44.64300156 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 49.83599854 425.50299072 Tm [(the)] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 64.4960022 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 69.68900299 425.50299072 Tm [(market)1(.)] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 106.00499725 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 111.19799805 425.50299072 Tm [(Lo)] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 124.52799988 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 129.72099304 425.50299072 Tm [(admit)1(s)] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 161.71899414 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 166.91200256 425.50299072 Tm [(that)] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 184.90600586 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 190.09899902 425.50299072 Tm [(investors)] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 233.42900085 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 238.62199402 425.50299072 Tm [(could)] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 265.28201294 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 270.4750061 425.50299072 Tm [(make)] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 296.46099854 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 301.6539917 425.50299072 Tm [(mistake)1(s)] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 343.64801025 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 348.84100342 425.50299072 Tm [(in)] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 358.17498779 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 363.36801147 425.50299072 Tm [(the)] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 378.02801514 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 383.2210083 425.50299072 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 425.19799805 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 0 456.70300293 Tm [(market)] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 33.31600189 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 36.61899948 456.70300293 Tm [(because)] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 74.59400177 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 77.89700317 456.70300293 Tm [(eithe)1(r)] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 105.21299744 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 108.51599884 456.70300293 Tm [(some)] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 133.84599304 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 137.14900208 456.70300293 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 193.80299377 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 197.10600281 456.70300293 Tm [(are)] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 211.7539978 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 215.05700684 456.70300293 Tm [(mislea)1(ding)] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 267.71499634 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 271.01800537 456.70300293 Tm [(or)] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 281.01400757 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 284.31698608 456.70300293 Tm [(cannot)] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 316.30300903 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 319.60598755 456.70300293 Tm [(obtain)] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 349.6000061 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 352.90301514 456.70300293 Tm [(instantl)1(y.)] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 397.23498535 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 400.53799438 456.70300293 Tm [(Even)] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 425.19400024 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 0 487.90301514 Tm [(if)] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 7.32999992 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 11.3739996 487.90301514 Tm [(they)] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 32.0340004 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 36.07799911 487.90301514 Tm [(are)] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 50.72600174 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 54.77000046 487.90301514 Tm [(aware)] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 83.41100311 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 87.45500183 487.90301514 Tm [(of)] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 97.4509964 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 101.49500275 487.90301514 Tm [(the)] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 116.15499878 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 120.1989975 487.90301514 Tm [(changing)] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 164.18499756 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 168.22900391 487.90301514 Tm [(informat)1(ion,)] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 227.88299561 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 231.92700195 487.90301514 Tm [(they)] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 252.58700562 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 256.63101196 487.90301514 Tm [(still)] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 274.63699341 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 278.68099976 487.90301514 Tm [(need)] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 301.33300781 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 305.37701416 487.90301514 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 326.70498657 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 330.74899292 487.90301514 Tm [(to)] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 340.08300781 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 344.12701416 487.90301514 Tm [(adjust)] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 372.79098511 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 376.83499146 487.90301514 Tm [(and)] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 394.16101074 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 398.20498657 487.90301514 Tm [(learn.)] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 425.18701172 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 0 519.20599365 Tm [(Therefore)1(,)] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 50.29700089 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 52.85300064 519.20599365 Tm [(the)] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 67.51300049 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 70.06900024 519.20599365 Tm [(heteroge)1(neity)] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 135.37199402 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 137.92799377 519.20599365 Tm [(of)] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 147.92399597 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 150.47999573 519.20599365 Tm [(investors)] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 193.80999756 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 196.36599731 519.20599365 Tm [(contribut)1(es)] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 249.68600464 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 252.24200439 519.20599365 Tm [(to)] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 261.57598877 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 264.13198853 519.20599365 Tm [(the)] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 278.79199219 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 281.34799194 519.20599365 Tm [(compet)1(ition)] TJ ET EMC /P <</Lang (zh-CN) /MCID 441 >> BDC BT /FAAAHE 12 Tf 1 0 0 -1 338.67001343 519.20599365 Tm [<0008>] TJ ET EMC /P <</MCID 442 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 350.67001343 519.20599365 Tm [(investors)] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 394 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 396.55599976 519.20599365 Tm [(revise)] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 425.20800781 519.20599365 Tm [( )] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 0 550.30303955 Tm [(strategi)1(es)] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 45.31600189 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 47.64799881 550.30303955 Tm [(from)] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 70.97399902 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 73.30599976 550.30303955 Tm [(their)] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 95.29599762 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 97.62799835 550.30303955 Tm [(mistake)] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 134.95199585 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 137.28399658 550.30303955 Tm [(in)] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 146.61799622 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 148.94999695 550.30303955 Tm [(order)] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 174.26800537 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 176.6000061 550.30303955 Tm [(to)] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 185.93400574 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 188.26600647 550.30303955 Tm [(avoid)] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 214.92599487 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 217.25799561 550.30303955 Tm [(elim)1(ination.)] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 274.91400146 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 277.2460022 550.30303955 Tm [(Smart)] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 305.91000366 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 308.24200439 550.30303955 Tm [(investors)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 351.57199097 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 353.9039917 550.30303955 Tm [(also)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 373.23400879 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 375.56600952 550.30303955 Tm [(learn)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 399.54800415 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 401.88000488 550.30303955 Tm [(from)] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 425.20599365 550.30303955 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 0 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 14.65999985 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 17.66200066 581.50299072 Tm [(acti)1(ons)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 51.65200043 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 54.65399933 581.50299072 Tm [(of)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 64.65000153 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 67.65200043 581.50299072 Tm [(others)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 96.97799683 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 99.98000336 581.50299072 Tm [(to)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 109.31400299 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 112.31600189 581.50299072 Tm [(achie)1(ve)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 148.95500183 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 151.95700073 581.50299072 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 221.90600586 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 224.90800476 581.50299072 Tm [(returns)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 258.23001099 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 261.23199463 581.50299072 Tm [(because)] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 299.20700073 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 302.20901489 581.50299072 Tm [(the)] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 316.86898804 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 319.8710022 581.50299072 Tm [(profit)] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 346.53100586 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 349.5329895 581.50299072 Tm [(opportuniti)1(es)] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 412.86099243 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 415.86300659 581.50299072 Tm [(in)] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 425.19699097 581.50299072 Tm [( )] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 0 612.70300293 Tm [(the)] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 14.65999985 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 19.24399948 612.70300293 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 61.22100067 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 65.80500031 612.70300293 Tm [(market)] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 99.1210022 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 103.70500183 612.70300293 Tm [(are)] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 118.35299683 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 122.93699646 612.70300293 Tm [(simil)1(ar)] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 156.26499939 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 160.84899902 612.70300293 Tm [(to)] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 170.18299866 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 174.76699829 612.70300293 Tm [(the)] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 189.42700195 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 194.01100159 612.70300293 Tm [(natural)] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 227.32699585 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 231.91099548 612.70300293 Tm [(resource)] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 272.55200195 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 277.13598633 612.70300293 Tm [(in)] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 286.47000122 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 291.0539856 612.70300293 Tm [(the)] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 305.71398926 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 310.29800415 612.70300293 Tm [(ecosystem,)] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 363.28399658 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 367.86801147 612.70300293 Tm [(compet)1(ition)] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 425.19000244 612.70300293 Tm [( )] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 0 643.90301514 Tm [(between)] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 39.97900009 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 45.34500122 643.90301514 Tm [(investors)] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 88.67500305 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 94.04100037 643.90301514 Tm [(promotes)] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 138.70100403 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 144.06700134 643.90301514 Tm [(adapta)1(tion)] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 194.04699707 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 199.41299438 643.90301514 Tm [(and)] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 216.73899841 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 222.10499573 643.90301514 Tm [(affect)1(s)] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 254.08000183 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 259.4460144 643.90301514 Tm [(asset)] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 282.77200317 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 288.13800049 643.90301514 Tm [(price)] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 312.11999512 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 317.48599243 643.90301514 Tm [(ulti)1(mately.)] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 369.14199829 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 544 >> BDC BT 1 0 0 -1 374.50799561 643.90301514 Tm [(Lo)] TJ ET EMC /P <</MCID 545 >> BDC BT 1 0 0 -1 387.8380127 643.90301514 Tm [( )] TJ ET EMC /P <</MCID 546 >> BDC BT 1 0 0 -1 393.20401001 643.90301514 Tm [(\(2004\))] TJ ET EMC /P <</MCID 547 >> BDC BT 1 0 0 -1 425.1960144 643.90301514 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS711 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS712 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(8)] TJ /GS713 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(considers)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 45.3219986 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 48.08599854 19.90299988 Tm [(that)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 66.08000183 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 68.84400177 19.90299988 Tm [(under)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 96.16600037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 98.93000031 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 113.58999634 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 116.35399628 19.90299988 Tm [(AMH,)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 147.35600281 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 150.11999512 19.90299988 Tm [(environme)1(ntal)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 219.43099976 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 222.19500732 19.90299988 Tm [(conditi)1(ons)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 272.19299316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 274.95700073 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 292.2829895 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 295.04699707 19.90299988 Tm [(investor�s)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 342.37298584 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 345.13699341 19.90299988 Tm [(adapta)1(tions)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 399.7869873 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 402.55099487 19.90299988 Tm [(have)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 425.20300293 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(a)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 5.32600021 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 10.35700035 51.10300064 Tm [(significa)1(nt)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 61.01100159 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 66.04199982 51.10300064 Tm [(impac)1(t)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 98.69599915 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 103.72699738 51.10300064 Tm [(on)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 115.72699738 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 120.75800323 51.10300064 Tm [(asset)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 144.08399963 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 149.11500549 51.10300064 Tm [(prices.)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 180.76699829 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 185.79800415 51.10300064 Tm [(In)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 195.79400635 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 200.82499695 51.10300064 Tm [(partic)1(ular,)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 249.79800415 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 254.82899475 51.10300064 Tm [(psychologica)1(l)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 321.47900391 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 326.51000977 51.10300064 Tm [(variabl)1(es)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 369.82199097 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 374.85299683 51.10300064 Tm [(are)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 389.50100708 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 394.53201294 51.10300064 Tm [(highly)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 425.20001221 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(correla)1(ted)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 47.96500015 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 51.96500015 82.3030014 Tm [(with)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 73.2990036 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 77.2990036 82.3030014 Tm [(market)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 110.61499786 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 114.61499786 82.3030014 Tm [(events)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 145.27099609 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 149.27099609 82.3030014 Tm [(even)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 171.92300415 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 175.92300415 82.3030014 Tm [(for)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 189.91499329 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 193.91499329 82.3030014 Tm [(skilled)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 225.91299438 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 229.91299438 82.3030014 Tm [(securiti)1(es)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 275.22900391 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 279.22900391 82.3030014 Tm [(traders)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 311.87701416 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 315.87701416 82.3030014 Tm [(\(Lo)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 333.20300293 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 337.20300293 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 354.5289917 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 358.5289917 82.3030014 Tm [(Repin,)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 390.19299316 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 394.19299316 82.3030014 Tm [(2002\).)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 425.18899536 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(Simil)1(arly,)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 47.66600037 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 50.85400009 113.50299835 Tm [(Rolls)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 76.19599915 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 79.38400269 113.50299835 Tm [(\(2000\))] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 111.37599945 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 114.56400299 113.50299835 Tm [(finds)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 138.56399536 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 141.7519989 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 159.7460022 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 162.93400574 113.50299835 Tm [(emoti)1(ons)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 206.93200684 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 210.11999512 113.50299835 Tm [(form)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 233.44599915 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 236.63400269 113.50299835 Tm [(a)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 241.96000671 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 245.147995 113.50299835 Tm [(mecha)1(nism)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 299.79800415 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 302.98599243 113.50299835 Tm [(which)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 332.31201172 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 335.5 113.50299835 Tm [(pushes)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 368.16598511 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 371.35400391 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 386.01400757 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 389.20199585 113.50299835 Tm [(process)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 425.19000244 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(of)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 9.99600029 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 15.39000034 144.70300293 Tm [(�natura)1(l)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 54.03300095 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 59.42699814 144.70300293 Tm [(select)1(ion�)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 107.40399933 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 112.79799652 144.70300293 Tm [(in)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 122.13200378 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 127.52600098 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 142.18600464 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 147.58000183 144.70300293 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 189.55700684 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 194.95100403 144.70300293 Tm [(market)1(.)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 231.26699829 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 236.66099548 144.70300293 Tm [(After)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 261.97900391 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 267.37298584 144.70300293 Tm [(incurring)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 311.35900879 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 316.75299072 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 331.41299438 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 336.80700684 144.70300293 Tm [(loss,)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 358.48098755 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 363.875 144.70300293 Tm [(unsuccessful)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 425.19299316 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(investors)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 43.33000183 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 46.33000183 175.90299988 Tm [(are)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 60.97800064 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 63.97800064 175.90299988 Tm [(elim)1(inated)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 114.62599945 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 117.62599945 175.90299988 Tm [(from)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 140.95199585 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 143.95199585 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 158.61199951 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 161.61199951 175.90299988 Tm [(populati)1(on.)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 215.94000244 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 218.94000244 175.90299988 Tm /GS714 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 188.19999695 cm /P <</MCID 135 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS715 gs 0 g [(   )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(Despite)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 54.65599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 59.71099854 19.90299988 Tm [(that)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 77.70500183 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 82.76000214 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 97.41999817 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 102.47499847 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 130.477005 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 135.53199768 19.90299988 Tm [(has)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 151.52799988 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 156.58299255 19.90299988 Tm [(more)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 181.23899841 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 186.29400635 19.90299988 Tm [(reali)1(s)-1(t)1(ic)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 224.27400208 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 229.32899475 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 246.65499878 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 251.71000671 19.90299988 Tm [(intui)1(tive)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 291.70599365 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 296.76098633 19.90299988 Tm [(assumption,)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 354.4289856 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 359.48400879 19.90299988 Tm [(today�s)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 394.80999756 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 399.86499023 19.90299988 Tm [(stock)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 425.19500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(market)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 33.31600189 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 36.6269989 51.10300064 Tm [(is)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 44.63100052 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 47.94200134 51.10300064 Tm [(faster)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 74.58999634 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 77.90100098 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 95.22699738 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 98.53800201 51.10300064 Tm [(more)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 123.19400024 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 126.50499725 51.10300064 Tm [(diverse)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 161.15699768 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 164.46800232 51.10300064 Tm [(than)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 185.12800598 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 188.43899536 51.10300064 Tm [(any)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 205.76499939 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 209.07600403 51.10300064 Tm [(other)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 233.73199463 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 237.04299927 51.10300064 Tm [(tim)1(e,)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 261.3710022 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 264.68200684 51.10300064 Tm [(it)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 271.3500061 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 274.66101074 51.10300064 Tm [(cannot)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 306.64700317 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 309.95800781 51.10300064 Tm [(be)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 321.28399658 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 324.59500122 51.10300064 Tm [(valid)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 348.58898926 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 351.8999939 51.10300064 Tm [(without)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 388.56799316 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 391.8789978 51.10300064 Tm [(criti)1(cal)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 425.19000244 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(impl)1(ications.)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 62.32600021 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 66.44499969 82.3030014 Tm [(Therefore)1(,)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 116.74199677 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 120.86100006 82.3030014 Tm [(it)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 127.52899933 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 131.647995 82.3030014 Tm [(is)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 139.6519928 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 143.77099609 82.3030014 Tm [(significa)1(nt)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 194.42500305 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 198.54400635 82.3030014 Tm [(to)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 207.87800598 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 211.99699402 82.3030014 Tm [(ill)1(us)-1(t)1(rate)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 253.98500061 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 258.10400391 82.3030014 Tm [(some)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 283.43399048 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 287.55300903 82.3030014 Tm [(practi)1(cal)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 328.85598755 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 332.9750061 82.3030014 Tm [(impl)1(ications)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 392.30099487 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 396.42001343 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 406.41598511 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 410.53500366 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 425.19500732 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(AMH)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 28.00200081 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 31.20400047 113.50299835 Tm [(for)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 45.19599915 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 48.39799881 113.50299835 Tm [(portfolio)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 90.39199829 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 93.59400177 113.50299835 Tm [(manage)1(ment.)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 157.90100098 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 161.10299683 113.50299835 Tm [(The)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 179.75900269 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 182.96099854 113.50299835 Tm [(most)] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 206.29899597 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 209.50100708 113.50299835 Tm [(importa)1(nt)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 256.15899658 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 259.36099243 113.50299835 Tm [(one)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 276.68701172 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 279.88900757 113.50299835 Tm [(presented)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 325.86801147 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 329.07000732 113.50299835 Tm [(by)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 341.07000732 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 344.27200317 113.50299835 Tm [(Lo)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 357.60198975 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 360.8039856 113.50299835 Tm [(\(2012\))] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 392.79598999 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 395.99798584 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 404.00201416 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 407.20401001 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 425.19799805 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 14.65999985 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 19.32600021 144.70300293 Tm [(trade-off)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 61.29700089 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 65.96299744 144.70300293 Tm [(between)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 105.94200134 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 110.60800171 144.70300293 Tm [(risk)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 128.60800171 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 133.27400208 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 150.6000061 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 155.26600647 144.70300293 Tm [(rewards)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 193.2460022 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 197.91200256 144.70300293 Tm [(is)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 205.91600037 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 210.58200073 144.70300293 Tm [(not)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 225.91600037 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 230.58200073 144.70300293 Tm [(stable)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 258.57199097 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 263.23800659 144.70300293 Tm [(over)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 284.55999756 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 289.22601318 144.70300293 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 310.5539856 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 315.22000122 144.70300293 Tm [(but)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 330.5539856 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 335.22000122 144.70300293 Tm [(determ)1(ined)] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 389.19699097 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 393.86300659 144.70300293 Tm [(by)] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 405.86300659 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 410.5289917 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 425.18899536 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(number)] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 36.65599823 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 40.95899963 175.90299988 Tm [(of)] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 50.95500183 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 55.25799942 175.90299988 Tm [(market)] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 88.5739975 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 92.8769989 175.90299988 Tm [(partic)1(ipants)] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 148.85699463 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 153.16000366 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 170.48599243 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 174.78900146 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 189.44900513 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 193.7519989 175.90299988 Tm [(regulat)1(ory)] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 243.06399536 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 247.36700439 175.90299988 Tm [(environme)1(nt.)] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 311.01699829 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 315.32000732 175.90299988 Tm [(Because)] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 355.29901123 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 359.60198975 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 374.26199341 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 378.56500244 175.90299988 Tm [(aggregat)1(e)] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 425.20001221 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(risk)] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 18 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 22.02599907 207.10299683 Tm [(preferenc)1(es)] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 77.31500244 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 81.34100342 207.10299683 Tm [(are)] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 95.98899841 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 100.01499939 207.10299683 Tm [(not)] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 115.34899902 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 119.375 207.10299683 Tm [(constant)] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 159.36500549 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 163.39100647 207.10299683 Tm [(all)] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 175.38499451 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 179.41099548 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 194.07099915 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 198.09700012 207.10299683 Tm [(tim)1(e:)] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 222.75900269 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 226.78500366 207.10299683 Tm [(when)] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 252.7769928 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 256.80300903 207.10299683 Tm [(investors)] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 300.13299561 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 304.15899658 207.10299683 Tm [(fear)] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 322.8039856 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 326.82998657 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 341.48999023 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 345.51599121 207.10299683 Tm [(market)1(,)] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 381.83200073 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 385.85800171 207.10299683 Tm [(they)] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 406.51800537 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 410.54400635 207.10299683 Tm [(are)] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 425.19198608 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(willi)1(ng)] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 34.0019989 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 37.44400024 238.30299377 Tm [(to)] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 46.77799988 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 50.22000122 238.30299377 Tm [(put)] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 65.55400085 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 68.9960022 238.30299377 Tm [(more)] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 93.65200043 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 97.09400177 238.30299377 Tm [(money)] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 129.7539978 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 133.19599915 238.30299377 Tm [(in)] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 142.52999878 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 145.97200012 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 160.63200378 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 164.07400513 238.30299377 Tm [(bank)] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 187.3999939 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 190.84199524 238.30299377 Tm [(rather)] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 218.82099915 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 222.26300049 238.30299377 Tm [(than)] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 242.92300415 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 246.36500549 238.30299377 Tm [(hold)] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 267.69900513 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 271.14099121 238.30299377 Tm [(risky)] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 295.14099121 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 298.58300781 238.30299377 Tm [(assets,)] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 329.57901001 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 333.02099609 238.30299377 Tm [(which)] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 362.34698486 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 365.78900146 238.30299377 Tm [(decrea)1(s)-1(e)] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 407.08599854 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 410.52801514 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 425.18798828 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(average)] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 37.30099869 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 40.47700119 269.50299072 Tm [(return)] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 69.1289978 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 72.30500031 269.50299072 Tm [(on)] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 84.30500031 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 87.48100281 269.50299072 Tm [(risky)] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 111.48100281 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 114.65699768 269.50299072 Tm [(assets,)] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 145.65299988 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 148.82899475 269.50299072 Tm [(and)] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 166.15499878 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 169.33099365 269.50299072 Tm [(vice)] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 189.31700134 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 192.49299622 269.50299072 Tm [(versa.)] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 220.81100464 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 223.98699951 269.50299072 Tm [(Also,)] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 249.65699768 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 252.83299255 269.50299072 Tm [(when)] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 278.82501221 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 282.00100708 269.50299072 Tm [(it)] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 288.66900635 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 291.84500122 269.50299072 Tm [(comes)] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 322.50100708 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 325.67700195 269.50299072 Tm [(to)] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 335.01098633 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 338.18701172 269.50299072 Tm [(the)] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 352.84698486 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 356.02301025 269.50299072 Tm [(populati)1(ons)] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 412.02099609 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 415.19699097 269.50299072 Tm [(of)] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 425.19299316 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 0 300.70300293 Tm [(market)] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 33.31600189 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 38.11700058 300.70300293 Tm [(partic)1(ipants,)] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 97.09700012 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 101.89800262 300.70300293 Tm [(through)] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 139.22799683 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 144.02900696 300.70300293 Tm [(the)] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 158.68899536 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 163.49000549 300.70300293 Tm [(force)] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 188.13499451 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 192.93600464 300.70300293 Tm [(of)] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 202.93200684 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 207.73300171 300.70300293 Tm [(natural)] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 241.04899597 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 245.8500061 300.70300293 Tm [(select)1(ion,)] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 291.5 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 296.30099487 300.70300293 Tm [(unsuccessful)] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 357.61898804 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 362.42001343 300.70300293 Tm [(investors)] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 405.75 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 410.55099487 300.70300293 Tm [(are)] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 425.19900513 300.70300293 Tm [( )] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 0 331.90301514 Tm [(likel)1(y)] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 27.32799911 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 29.70899963 331.90301514 Tm [(to)] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 39.04299927 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 41.42399979 331.90301514 Tm [(be)] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 52.75 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 55.13100052 331.90301514 Tm [(elim)1(inated)] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 105.77899933 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 108.16000366 331.90301514 Tm [(to)] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 117.4940033 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 119.875 331.90301514 Tm [(the)] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 134.53500366 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 136.91600037 331.90301514 Tm [(market)] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 170.23199463 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 172.61300659 331.90301514 Tm [(and)] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 189.93899536 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 192.32000732 331.90301514 Tm [(the)] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 206.97999573 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 209.36099243 331.90301514 Tm [(aggregat)1(e)] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 255.9960022 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 258.37701416 331.90301514 Tm [(risk)] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 276.37701416 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 278.75799561 331.90301514 Tm [(preferenc)1(e)] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 329.37701416 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 331.75799561 331.90301514 Tm [(will)] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 350.42599487 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 352.80700684 331.90301514 Tm [(change)] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 386.78601074 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 389.16699219 331.90301514 Tm [(as)] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 399.16299438 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 401.54400635 331.90301514 Tm [(well.)] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 425.20401001 331.90301514 Tm [( )] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 0 363.10302734 Tm [(The)] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 18.65600014 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 22.68099976 363.10302734 Tm [(second)] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 56.00299835 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 60.02799988 363.10302734 Tm [(impl)1(ication)] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 114.68399811 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 118.70899963 363.10302734 Tm [(states)] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 145.3690033 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 149.39399719 363.10302734 Tm [(that)] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 167.38800049 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 171.41299438 363.10302734 Tm [(arbitra)1(ge)] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 214.05200195 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 218.07699585 363.10302734 Tm [(opportuniti)1(es)] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 281.40499878 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 285.42999268 363.10302734 Tm [(exist)] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 308.09399414 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 312.11898804 363.10302734 Tm [(from)] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 335.44500732 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 339.47000122 363.10302734 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 360.79800415 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 364.82299805 363.10302734 Tm [(to)] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 374.15701294 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 378.18200684 363.10302734 Tm [(tim)1(e.)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 402.51000977 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 406.53500366 363.10302734 Tm [(The)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 425.19100952 363.10302734 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 0 394.30297852 Tm [(classica)1(l)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 40.64599991 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 47.11100006 394.30297852 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 87.08399963 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 93.5490036 394.30297852 Tm [(market)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 126.86499786 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 133.33000183 394.30297852 Tm [(hypothesis)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 184.66400146 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 191.1289978 394.30297852 Tm [(impl)1(ies)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 226.46099854 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 232.92599487 394.30297852 Tm [(that)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 250.91999817 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 257.38500977 394.30297852 Tm [(since)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 282.04098511 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 288.50601196 394.30297852 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 345.16000366 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 351.625 394.30297852 Tm [(is)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 359.6289978 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 366.09399414 394.30297852 Tm [(avail)1(able)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 409.40100098 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 415.86599731 394.30297852 Tm [(to)] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 425.20001221 394.30297852 Tm [( )] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 0 425.50299072 Tm [(indivi)1(duals)] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 53.33200073 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 56.77899933 425.50299072 Tm [(simult)1(aneously,)] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 132.44099426 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 135.88800049 425.50299072 Tm [(it)] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 142.55599976 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 146.00300598 425.50299072 Tm [(is)] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 154.00700378 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 157.45399475 425.50299072 Tm [(impossible)] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 209.45599365 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 212.90299988 425.50299072 Tm [(to)] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 222.23699951 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 225.68400574 425.50299072 Tm [(make)] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 251.66999817 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 255.11700439 425.50299072 Tm [(risk-free)] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 295.75799561 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 299.20498657 425.50299072 Tm [(profits)] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 330.53500366 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 333.98199463 425.50299072 Tm [(for)] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 347.97399902 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 351.42098999 425.50299072 Tm [(risky)] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 375.42098999 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 378.86801147 425.50299072 Tm [(investors.)] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 425.19799805 425.50299072 Tm [( )] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 0 456.70300293 Tm [(Neverthel)1(ess)-1(,)] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 64.97499847 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 68.03399658 456.70300293 Tm [(the)] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 82.69400024 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 85.75299835 456.70300293 Tm [(proponents)] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 139.07899475 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 142.13800049 456.70300293 Tm [(of)] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 152.13400269 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 155.19299316 456.70300293 Tm [(the)] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 169.85299683 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 172.91200256 456.70300293 Tm [(AMH)] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 200.91400146 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 203.9730072 456.70300293 Tm [(argue)] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 230.6210022 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 233.67999268 456.70300293 Tm [(that)] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 251.67399597 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 254.73300171 456.70300293 Tm [(there)] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 278.71499634 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 281.77398682 456.70300293 Tm [(exists)] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 309.10800171 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 312.16699219 456.70300293 Tm [(asymmet)1(ry)] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 365.48699951 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 368.54598999 456.70300293 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 425.20001221 456.70300293 Tm [( )] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 0 487.90301514 Tm [(and)] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 17.32600021 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 19.77499962 487.90301514 Tm [(asset)] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 43.10100174 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 544 >> BDC BT 1 0 0 -1 45.54999924 487.90301514 Tm [(price)] TJ ET EMC /P <</MCID 545 >> BDC BT 1 0 0 -1 69.53199768 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 546 >> BDC BT 1 0 0 -1 71.98100281 487.90301514 Tm [(cannot)] TJ ET EMC /P <</MCID 547 >> BDC BT 1 0 0 -1 103.96700287 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 548 >> BDC BT 1 0 0 -1 106.41600037 487.90301514 Tm [(adjust)] TJ ET EMC /P <</MCID 549 >> BDC BT 1 0 0 -1 135.08000183 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 550 >> BDC BT 1 0 0 -1 137.52900696 487.90301514 Tm [(promptly.)] TJ ET EMC /P <</MCID 551 >> BDC BT 1 0 0 -1 184.5269928 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 552 >> BDC BT 1 0 0 -1 186.97599792 487.90301514 Tm [(In)] TJ ET EMC /P <</MCID 553 >> BDC BT 1 0 0 -1 196.97200012 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 554 >> BDC BT 1 0 0 -1 199.42100525 487.90301514 Tm [(fact,)] TJ ET EMC /P <</MCID 555 >> BDC BT 1 0 0 -1 220.40299988 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 556 >> BDC BT 1 0 0 -1 222.852005 487.90301514 Tm [(arbitra)1(ge)] TJ ET EMC /P <</MCID 557 >> BDC BT 1 0 0 -1 265.49099731 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 558 >> BDC BT 1 0 0 -1 267.94000244 487.90301514 Tm [(opportuniti)1(es)] TJ ET EMC /P <</MCID 559 >> BDC BT 1 0 0 -1 331.26800537 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 560 >> BDC BT 1 0 0 -1 333.7170105 487.90301514 Tm [(acce)1(lerate)] TJ ET EMC /P <</MCID 561 >> BDC BT 1 0 0 -1 381.66400146 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 562 >> BDC BT 1 0 0 -1 384.11300659 487.90301514 Tm [(the)] TJ ET EMC /P <</MCID 563 >> BDC BT 1 0 0 -1 398.77301025 487.90301514 Tm [( )] TJ ET EMC /P <</MCID 564 >> BDC BT 1 0 0 -1 401.22198486 487.90301514 Tm [(price)] TJ ET EMC /P <</MCID 565 >> BDC BT 1 0 0 -1 425.20401001 487.90301514 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS716 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS717 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 210.31900024 8.56900024 Tm 0 g [(9)] TJ /GS718 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(equili)1(brium)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 55.99200058 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 58.88999939 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 68.88600159 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 71.78399658 19.90299988 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 113.76100159 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 116.65899658 19.90299988 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 157.64500427 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 160.54299927 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 179.19900513 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 182.09700012 19.90299988 Tm [(third)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 204.76100159 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 207.65899658 19.90299988 Tm [(impl)1(ication)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 262.31500244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 265.2130127 19.90299988 Tm [(impl)1(ies)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 300.54501343 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 303.44299316 19.90299988 Tm [(that)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 321.43701172 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 324.33499146 19.90299988 Tm [(investme)1(nt)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 376.99301147 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 379.89099121 19.90299988 Tm [(strategi)1(es)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 425.20700073 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(will)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 18.66799927 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 22.87899971 51.10300064 Tm [(perform)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 61.52700043 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 65.73799896 51.10300064 Tm [(well)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 86.39800262 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 90.60900116 51.10300064 Tm [(in)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 99.94300079 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 104.15399933 51.10300064 Tm [(some)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 129.48399353 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 133.69500732 51.10300064 Tm [(circum)1(s)-1(t)1(ances)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 201.66400146 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 205.875 51.10300064 Tm [(but)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 221.20899963 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 225.41999817 51.10300064 Tm [(badly)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 252.08000183 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 256.29098511 51.10300064 Tm [(in)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 265.625 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 269.83599854 51.10300064 Tm [(others.)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 302.1619873 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 306.37298584 51.10300064 Tm [(Lo)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 319.70300293 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 323.91400146 51.10300064 Tm [(\(2004\))] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 355.90600586 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 360.11700439 51.10300064 Tm [(finds)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 384.11700439 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 388.32800293 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 406.32199097 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 410.5329895 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 425.19299316 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(rolling)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 31.99799919 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 34.56100082 82.3030014 Tm [(first-order)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 83.20600128 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 85.76899719 82.3030014 Tm [(autocorre)1(lation)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 158.4019928 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 160.96499634 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 170.96099854 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 173.52400208 82.3030014 Tm [(monthl)1(y)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 213.52600098 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 216.08900452 82.3030014 Tm [(returns)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 249.41099548 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 251.97399902 82.3030014 Tm [(on)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 263.97399902 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 266.5369873 82.3030014 Tm [(stock)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 291.86700439 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 294.42999268 82.3030014 Tm [(index)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 321.08999634 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 323.65301514 82.3030014 Tm [(might)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 351.65499878 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 354.21798706 82.3030014 Tm [(be)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 365.54400635 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 368.10699463 82.3030014 Tm [(larger)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 396.08599854 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 398.64898682 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 407.98300171 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 410.54598999 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 425.20599365 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(early)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 23.98200035 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 28.11199951 113.50299835 Tm [(period)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 58.76800156 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 62.89799881 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 72.89399719 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 77.02400208 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 91.68399811 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 95.81400299 113.50299835 Tm [(sample)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 129.80400085 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 133.93400574 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 151.25999451 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 155.38999939 113.50299835 Tm [(become)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 192.70199585 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 196.83200073 113.50299835 Tm [(smalle)1(r)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 232.1519928 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 236.28199768 113.50299835 Tm [(as)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 246.27799988 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 250.40800476 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 265.06799316 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 269.19799805 113.50299835 Tm [(stock)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 294.52801514 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 298.6579895 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 331.97399902 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 336.10400391 113.50299835 Tm [(become)1(s)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 378.08599854 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 382.21600342 113.50299835 Tm [(effici)1(ent.)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 425.18899536 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(However,)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 46.97999954 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 49.23600006 144.70300293 Tm [(in)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 58.56999969 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 60.82600021 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 75.48600006 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 77.74199677 144.70300293 Tm [(context)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 113.06199646 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 115.31800079 144.70300293 Tm [(of)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 125.31400299 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 127.56999969 144.70300293 Tm [(random)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 164.22599792 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 166.48199463 144.70300293 Tm [(walk)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 189.80799866 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 192.06399536 144.70300293 Tm [(model,)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 225.05799866 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 227.31399536 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 241.97399902 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 244.22999573 144.70300293 Tm [(EMH)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 270.89599609 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 273.15200806 144.70300293 Tm [(impl)1(ies)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 308.48400879 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 310.73999023 144.70300293 Tm [(that)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 328.73400879 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 330.98999023 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 345.6499939 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 347.90600586 144.70300293 Tm [(autocorre)1(lations)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 425.20901489 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(of)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 9.99600029 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 13.4829998 175.90299988 Tm [(stock)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 38.81299973 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 42.29999924 175.90299988 Tm [(be)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 53.62599945 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 57.11299896 175.90299988 Tm [(strictl)1(y)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 90.44100189 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 93.9280014 175.90299988 Tm [(equal)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 119.91400146 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 123.40100098 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 132.73500061 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 136.22200012 175.90299988 Tm [(zero)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 156.86999512 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 160.35699463 175.90299988 Tm [(in)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 169.69099426 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 173.17799377 175.90299988 Tm [(theory.)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 206.83399963 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 210.32099915 175.90299988 Tm [(The)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 228.977005 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 232.46400452 175.90299988 Tm [(fourth)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 261.79000854 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 265.27700806 175.90299988 Tm [(impl)1(ication)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 319.93301392 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 323.42001343 175.90299988 Tm [(states)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 350.07998657 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 353.56698608 175.90299988 Tm [(that)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 371.56100464 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 375.04800415 175.90299988 Tm [(survival)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 413.70800781 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 417.19500732 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 425.19900513 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 14.65999985 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 19.96199989 207.10299683 Tm [(primary)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 57.94800186 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 63.25 207.10299683 Tm [(object)1(ive)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 107.23000336 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 112.53199768 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 129.85800171 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 135.16000366 207.10299683 Tm [(innovati)1(on)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 186.48800659 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 191.78999329 207.10299683 Tm [(depends)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 231.11199951 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 236.41400146 207.10299683 Tm [(on)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 248.41400146 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 253.71600342 207.10299683 Tm [(survival.)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 295.37600708 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 300.67800903 207.10299683 Tm [(Because)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 340.65701294 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 345.95901489 207.10299683 Tm [(risk)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 363.95901489 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 369.26098633 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 386.58700562 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 391.88900757 207.10299683 Tm [(reward)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 425.20001221 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(relat)1(ionships)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 61.32400131 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 65.65299988 238.30299377 Tm [(vary)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 86.97499847 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 91.30400085 238.30299377 Tm [(from)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 114.62999725 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 118.95899963 238.30299377 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 140.28700256 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 144.61599731 238.30299377 Tm [(to)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 153.94999695 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 158.27900696 238.30299377 Tm [(tim)1(e,)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 182.60699463 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 186.93600464 238.30299377 Tm [(innovati)1(on)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 238.26400757 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 242.59300232 238.30299377 Tm [(is)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 250.59700012 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 254.92599487 238.30299377 Tm [(necessary)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 301.56698608 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 305.89599609 238.30299377 Tm [(for)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 319.88800049 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 324.2170105 238.30299377 Tm [(investors)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 367.54699707 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 371.87600708 238.30299377 Tm [(to)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 381.20999146 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 385.53900146 238.30299377 Tm [(adapt)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 411.5249939 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 415.85400391 238.30299377 Tm [(to)] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 425.18798828 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(changing)] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 43.98600006 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 46.98600006 269.50299072 Tm [(market)] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 80.30200195 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 83.30200195 269.50299072 Tm [(conditi)1(ons)-1(.)] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 136.30000305 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 139.30000305 269.50299072 Tm /GS719 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 281.79998779 cm /P <</MCID 227 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 314 cm /P <</MCID 228 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS720 gs 0 g [(IV)] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 13.33600044 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 16.33600044 19.90299988 Tm [(Will)] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 38.33800125 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 41.33800125 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 57.33399963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 60.33399963 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 89.66000366 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 92.66000366 19.90299988 Tm [(subs)-1(ti)1(tu)-1(te)] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 142.66999817 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 145.66999817 19.90299988 Tm [(for)] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 160.99200439 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 163.99200439 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 179.98800659 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 182.98800659 19.90299988 Tm [(EMH?)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 217.6519928 19.90299988 Tm /GS721 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 346.20001221 cm /P <</MCID 244 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS722 gs 0 g [(   )] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(Since)] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 44.65999985 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 47.6590004 19.90299988 Tm [(we)] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 61.65100098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 64.65000153 19.90299988 Tm [(have)] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 87.30200195 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 90.3010025 19.90299988 Tm [(discussed)] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 136.29699707 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 139.29600525 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 153.95599365 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 156.95500183 19.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 183.6210022 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 186.61999512 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 203.94599915 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 206.94500732 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 221.60499573 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 224.60400391 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 252.60600281 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 255.60499573 19.90299988 Tm [(separate)1(ly,)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 307.24398804 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 310.24301147 19.90299988 Tm [(is)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 318.24700928 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 321.2460022 19.90299988 Tm [(there)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 345.22799683 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 348.22698975 19.90299988 Tm [(any)] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 365.55300903 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 368.55200195 19.90299988 Tm [(relat)1(ionship)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 425.20599365 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(between)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 39.97900009 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 44.10400009 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 58.76399994 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 62.88899994 51.10300064 Tm [(two?)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 86.21499634 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 90.33999634 51.10300064 Tm [(In)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 100.33599854 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 104.46099854 51.10300064 Tm [(one)] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 121.78700256 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 125.91200256 51.10300064 Tm [(word,)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 153.57400513 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 157.69900513 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 172.35899353 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 176.48399353 51.10300064 Tm [(EMH)] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 203.1499939 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 207.2749939 51.10300064 Tm [(highli)1(ghts)] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 255.28100586 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 259.40600586 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 274.06600952 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 278.19100952 51.10300064 Tm [(unbounded)] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 331.51699829 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 335.64199829 51.10300064 Tm [(rationa)1(lity)] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 384.95999146 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 389.08499146 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 406.41101074 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 410.53601074 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 425.1960144 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(avail)1(ability)] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 53.98199844 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 57.71300125 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 67.70899963 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 71.44000244 82.3030014 Tm [(releva)1(nt)] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 110.08300018 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 113.81400299 82.3030014 Tm [(informat)1(ion,)] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 173.46800232 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 177.19900513 82.3030014 Tm [(people)] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 209.18499756 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 212.91600037 82.3030014 Tm [(cannot)] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 244.9019928 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 248.63299561 82.3030014 Tm [(earn)] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 269.28100586 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 273.01199341 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 287.67199707 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 291.40301514 82.3030014 Tm [(above-ave)1(rage)] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 361.35198975 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 365.08300781 82.3030014 Tm [(return)] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 393.73498535 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 397.46600342 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 406.79998779 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 410.53100586 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 425.19100952 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(market)1(;)] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 36.65000153 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 39.98300171 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 54.64300156 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 57.97600174 113.50299835 Tm [(AMH)] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 85.97799683 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 89.31099701 113.50299835 Tm [(considers)] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 134.63299561 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 137.96600342 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 155.96000671 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 159.29299927 113.50299835 Tm [(asset)] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 182.6190033 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 185.95199585 113.50299835 Tm [(market)1(s)] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 223.93800354 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 227.27099609 113.50299835 Tm [(are)] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 241.91900635 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 245.2519989 113.50299835 Tm [(impossible)] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 297.2539978 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 300.58700562 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 309.92098999 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 313.2539978 113.50299835 Tm [(be)] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 324.57998657 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 327.91299438 113.50299835 Tm [(always)] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 361.23498535 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 364.56799316 113.50299835 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 404.54098511 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 407.87399292 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 425.20001221 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(changing)] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 43.98600006 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 52.2179985 144.70300293 Tm [(in)] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 61.55199814 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 69.78399658 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 84.44400024 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 92.6760025 144.70300293 Tm [(market)] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 125.99199677 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 134.22399902 144.70300293 Tm [(environme)1(nt)] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 194.87399292 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 203.10600281 144.70300293 Tm [(can)] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 219.75799561 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 227.99000549 144.70300293 Tm [(affect)] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 255.29499817 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 263.52700806 144.70300293 Tm [(investors�)] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 310.85299683 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 319.08499146 144.70300293 Tm [(behaviour.)] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 370.06698608 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 378.29901123 144.70300293 Tm [(For)] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 394.96899414 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 403.20098877 144.70300293 Tm [(Lo�s)] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 425.19699097 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(perspecti)1(ve,)] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 57.63899994 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 65.13800049 175.90299988 Tm [(eventua)1(lly)] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 115.11799622 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 379 >> BDC BT 1 0 0 -1 122.61699677 175.90299988 Tm [(after)] TJ ET EMC /P <</MCID 380 >> BDC BT 1 0 0 -1 144.59599304 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 152.09500122 175.90299988 Tm [(investors)] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 195.42500305 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 202.92399597 175.90299988 Tm [(have)] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 225.57600403 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 233.07499695 175.90299988 Tm [(made)] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 259.06100464 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 266.55999756 175.90299988 Tm [(all)] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 278.5539856 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 286.05300903 175.90299988 Tm [(adapta)1(tions)] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 340.70300293 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 348.20199585 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 357.53601074 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 365.03500366 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 379.69500732 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 387.19400024 175.90299988 Tm [(existing)] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 425.19198608 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(environme)1(nt)] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 60.65000153 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 63.68000031 207.10299683 Tm [(and)] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 81.0059967 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 84.03600311 207.10299683 Tm [(nobody)] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 120.03600311 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 123.06600189 207.10299683 Tm [(was)] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 141.72799683 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 144.75799561 207.10299683 Tm [(elim)1(inated,)] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 198.40600586 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 201.43600464 207.10299683 Tm [(asset)] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 224.76199341 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 227.79200745 207.10299683 Tm [(market)] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 261.10800171 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 264.13800049 207.10299683 Tm [(achie)1(ve)] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 300.77700806 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 303.80700684 207.10299683 Tm [(effici)1(ency,)] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 354.77200317 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 357.80200195 207.10299683 Tm [(thus)] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 377.80599976 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 380.83599854 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 395.4960022 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 398.52600098 207.10299683 Tm [(EMH)] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 425.19198608 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(is)] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 8.00399971 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 13.02799988 238.30299377 Tm [(an)] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 24.35400009 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 29.37800026 238.30299377 Tm [(ideal)1(ization)] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 85.35299683 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 90.3769989 238.30299377 Tm [(to)] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 99.71099854 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 104.73500061 238.30299377 Tm [(describe)] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 144.71400452 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 149.73800659 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 164.397995 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 169.42199707 238.30299377 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 210.40800476 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 215.43200684 238.30299377 Tm [(But)] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 232.77000427 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 237.79400635 238.30299377 Tm [(the)] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 252.45399475 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 257.47799683 238.30299377 Tm [(speed)] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 284.79998779 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 289.82400513 238.30299377 Tm [(of)] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 299.82000732 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 304.84399414 238.30299377 Tm [(adapta)1(tions)] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 359.49398804 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 364.51800537 238.30299377 Tm [(is)] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 372.52200317 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 377.54598999 238.30299377 Tm [(uncerta)1(in,)] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 425.18899536 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 0 269.50299072 Tm [(nobody)] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 36 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 39 269.50299072 Tm [(can)] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 55.65200043 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 58.65200043 269.50299072 Tm [(predict)] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 91.96800232 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 94.96800232 269.50299072 Tm [(the)] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 109.62799835 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 112.62799835 269.50299072 Tm [(accura)1(te)] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 152.58900452 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 155.58900452 269.50299072 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 176.91700745 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 179.91700745 269.50299072 Tm [(of)] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 189.91299438 269.50299072 Tm [( )] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 192.91299438 269.50299072 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 243.87800598 269.50299072 Tm /GS723 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 628 cm /P <</MCID 465 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS724 gs 0 g [(   )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 27.99600029 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 33.08800125 19.90299988 Tm [(macroe)1(conomics,)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 117.38700104 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 122.47899628 19.90299988 Tm [(we)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 136.47099304 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 141.56300354 19.90299988 Tm [(learn)] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 165.54499817 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 170.63699341 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 185.29699707 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 190.38900757 19.90299988 Tm [(knowledge)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 243.04100037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 248.13299561 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 258.1289978 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 263.2210083 19.90299988 Tm [(adapti)1(ve)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 303.86700439 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 308.95901489 19.90299988 Tm [(expect)1(ations.)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 371.93600464 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 377.02801514 19.90299988 Tm [(If)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 385.01998901 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 390.11199951 19.90299988 Tm [(we)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 404.10400391 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 409.1960144 19.90299988 Tm [(use)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 425.19198608 19.90299988 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS725 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS726 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 208.03799438 8.56900024 Tm 0 g [(10)] TJ /GS727 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(adapti)1(ve)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 40.64599991 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 44.64899826 19.90299988 Tm [(expect)1(ations)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 104.62599945 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 108.6289978 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 117.96299744 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 121.96600342 19.90299988 Tm [(predict)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 155.28199768 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 159.28500366 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 173.94500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 177.94799805 19.90299988 Tm [(macroe)1(conomics)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 259.24700928 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 263.25 19.90299988 Tm [(variabl)1(es)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 306.56201172 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 310.56500244 19.90299988 Tm [(such)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 332.56100464 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 336.56399536 19.90299988 Tm [(as)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 346.55999756 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 350.56298828 19.90299988 Tm [(consumer)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 397.21499634 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 401.21798706 19.90299988 Tm [(price)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 425.20001221 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(index)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 26.65999985 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 33.52000046 51.10300064 Tm [(or)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 43.51599884 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 50.37599945 51.10300064 Tm [(GDP)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 74.38200378 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 81.24199677 51.10300064 Tm [(growth)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 115.23799896 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 122.09799957 51.10300064 Tm [(rate,)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 143.08000183 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 149.94000244 51.10300064 Tm [(we)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 163.93200684 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 170.79200745 51.10300064 Tm [(may)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 191.45199585 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 198.31199646 51.10300064 Tm [(suffer)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 226.29600525 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 233.15600586 51.10300064 Tm [(from)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 256.48199463 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 263.3420105 51.10300064 Tm [(systemati)1(c)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 313.9960022 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 320.85598755 51.10300064 Tm [(forecast)] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 358.83099365 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 365.69100952 51.10300064 Tm [(error)] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 389.00500488 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 395.86499023 51.10300064 Tm [(which)] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 425.19100952 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(continuously)] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 61.9980011 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 67.78399658 82.3030014 Tm [(makes)] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 98.44000244 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 104.22599792 82.3030014 Tm [(mistake)1(.)] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 144.55000305 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 150.33599854 82.3030014 Tm [(Does)] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 174.9980011 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 180.78399658 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 195.44400024 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 201.22999573 82.3030014 Tm [(same)] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 225.88600159 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 231.67199707 82.3030014 Tm [(problem)] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 271.6619873 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 277.44799805 82.3030014 Tm [(occur)] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 304.0960083 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 309.88198853 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 319.21600342 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 325.00201416 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 339.6619873 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 345.44799805 82.3030014 Tm [(adapti)1(ve)] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 386.09399414 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 391.88000488 82.3030014 Tm [(market)] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 425.1960144 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(hypothesis?)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 56.65999985 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 59.6570015 113.50299835 Tm [(From)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 85.66100311 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 88.65799713 113.50299835 Tm [(my)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 103.99199677 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 106.98899841 113.50299835 Tm [(point)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 131.65699768 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 134.65400696 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 144.6499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 147.64700317 113.50299835 Tm [(view,)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 173.9730072 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 176.97000122 113.50299835 Tm [(it)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 183.63800049 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 186.63499451 113.50299835 Tm [(will)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 205.30299377 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 208.30000305 113.50299835 Tm [(incur)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 232.95599365 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 235.95300293 113.50299835 Tm [(error)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 259.26699829 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 262.26400757 113.50299835 Tm [(tempora)1(rily,)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 321.24398804 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 324.24099731 113.50299835 Tm [(but)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 339.57501221 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 342.57199097 113.50299835 Tm [(it)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 349.23999023 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 352.23699951 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 360.24099731 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 363.23800659 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 377.89801025 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 380.89498901 113.50299835 Tm [(error)] TJ ET EMC /P <</MCID 103 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 404.20901489 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 407.20599365 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 425.20001221 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(make)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 25.98600006 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 28.63100052 144.70300293 Tm [(risky)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 52.63100052 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 55.27600098 144.70300293 Tm [(investors)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 98.60600281 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 101.25099945 144.70300293 Tm [(earn)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 121.89900208 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 124.54399872 144.70300293 Tm [(risk-free)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 165.18499756 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 167.83000183 144.70300293 Tm [(profits.)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 202.16000366 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 204.80499268 144.70300293 Tm [(Because)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 244.78399658 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 247.42900085 144.70300293 Tm [(they)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 268.08898926 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 270.73400879 144.70300293 Tm [(need)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 293.38598633 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 296.03100586 144.70300293 Tm [(tim)1(e)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 317.35900879 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 320.0039978 144.70300293 Tm [(to)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 329.3380127 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 331.98300171 144.70300293 Tm [(learn)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 355.96499634 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 358.60998535 144.70300293 Tm [(from)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 381.93600464 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 384.58099365 144.70300293 Tm [(the)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 399.24099731 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 401.88598633 144.70300293 Tm [(error)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 425.20001221 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 17.32600021 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 20.34700012 175.90299988 Tm [(those)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 45.67699814 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 48.69800186 175.90299988 Tm [(who)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 69.36399841 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 72.38500214 175.90299988 Tm [(faile)1(d)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 99.7009964 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 102.72200012 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 112.05599976 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 115.07700348 175.90299988 Tm [(learn)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 139.05900574 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 142.08000183 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 156.74000549 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 159.76100159 175.90299988 Tm [(lesson)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 189.76100159 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 192.78199768 175.90299988 Tm [(from)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 216.10800171 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 219.1289978 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 233.78900146 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 236.80999756 175.90299988 Tm [(mistake)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 274.13400269 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 277.15499878 175.90299988 Tm [(may)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 297.81500244 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 300.83599854 175.90299988 Tm [(just)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 318.17401123 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 321.19500732 175.90299988 Tm [(exit.)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 342.18899536 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 345.20999146 175.90299988 Tm [(Eventua)1(lly,)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 400.19400024 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 403.21499634 175.90299988 Tm [(after)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 425.19400024 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 14.65999985 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 17.65999985 207.10299683 Tm [(last)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 34.32400131 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 37.32400131 207.10299683 Tm [(less)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 55.32400131 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 58.32400131 207.10299683 Tm [(successful)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 107.64199829 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 110.64199829 207.10299683 Tm [(investor)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 149.30200195 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 152.30200195 207.10299683 Tm [(gives)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 177.63200378 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 180.63200378 207.10299683 Tm [(up,)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 195.63200378 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 198.63200378 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 213.29200745 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 216.29200745 207.10299683 Tm [(AMH)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 244.29400635 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 247.29400635 207.10299683 Tm [(will)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 265.96200562 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 268.96200562 207.10299683 Tm [(no)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 280.96200562 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 283.96200562 207.10299683 Tm [(longer)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 314.61801147 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 317.61801147 207.10299683 Tm [(suffer)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 345.60198975 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 348.60198975 207.10299683 Tm [(from)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 371.92800903 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 374.92800903 207.10299683 Tm [(error.)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 401.24200439 207.10299683 Tm /GS728 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 219.3999939 cm /P <</MCID 198 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS729 gs 0 g [(   )] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(Although)] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 63.33399963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 67.04100037 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 81.7009964 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 85.40799713 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 113.41000366 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 117.11699677 19.90299988 Tm [(is)] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 125.1210022 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 128.82800293 19.90299988 Tm [(close)] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 153.48399353 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 157.19099426 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 166.5249939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 170.23199463 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 184.89199829 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 188.59899902 19.90299988 Tm [(reali)1(ty,)] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 222.24899292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 225.95599365 19.90299988 Tm [(it)] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 232.62399292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 236.33099365 19.90299988 Tm [(could)] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 262.99099731 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 266.69799805 19.90299988 Tm [(not)] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 282.03201294 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 285.73901367 19.90299988 Tm [(be)] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 297.06500244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 300.77200317 19.90299988 Tm [(considered)] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 352.75100708 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 356.45800781 19.90299988 Tm [(as)] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 366.45401001 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 370.16101074 19.90299988 Tm [(a)] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 375.48699951 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 379.19400024 19.90299988 Tm [(substitute)] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 425.1960144 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(for)] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 13.99199963 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 16.53199959 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 31.19199944 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 33.73199844 51.10300064 Tm [(EMH.)] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 63.39799881 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 65.93800354 51.10300064 Tm [(Because)] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 105.91699982 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 108.45700073 51.10300064 Tm [(in)] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 117.79100037 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 120.33100128 51.10300064 Tm [(my)] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 135.66499329 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 138.20500183 51.10300064 Tm [(opinion,)] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 177.8730011 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 180.41299438 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 195.07299805 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 197.61300659 51.10300064 Tm [(significa)1(nce)] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 255.58599854 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 258.12600708 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 268.12200928 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 270.6619873 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 285.32199097 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 287.86199951 51.10300064 Tm [(EMH)] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 314.52801514 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 317.06799316 51.10300064 Tm [(is)] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 325.07199097 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 327.61199951 51.10300064 Tm [(not)] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 342.9460144 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 345.48599243 51.10300064 Tm [(to)] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 354.82000732 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 357.35998535 51.10300064 Tm [(judge)] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 384.01998901 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 386.55999756 51.10300064 Tm [(whether)] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 425.20800781 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 14.65999985 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 18.1989994 82.3030014 Tm [(market)] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 51.51499939 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 55.05400085 82.3030014 Tm [(is)] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 63.05799866 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 66.59700012 82.3030014 Tm [(fully)] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 89.26100159 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 92.80000305 82.3030014 Tm [(effici)1(ent.)] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 135.772995 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 139.31199646 82.3030014 Tm [(Instead,)] TJ ET EMC /P <</MCID 276 >> BDC BT 1 0 0 -1 176.96400452 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 277 >> BDC BT 1 0 0 -1 180.50300598 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 195.16299438 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 198.70199585 82.3030014 Tm [(EMH)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 225.36799622 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 228.90699768 82.3030014 Tm [(resemble)1(s)] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 276.88900757 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 280.42800903 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 295.0880127 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 298.62701416 82.3030014 Tm [(foundation)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 350.61700439 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 354.15600586 82.3030014 Tm [(in)] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 363.48999023 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 367.0289917 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 381.68899536 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 385.22799683 82.3030014 Tm [(research)] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 425.19500732 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 9.99600029 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 14.99699974 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 29.65699959 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 34.65800095 113.50299835 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 76.63500214 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 81.63600159 113.50299835 Tm [(market)] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 114.95200348 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 119.95300293 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 137.27900696 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 142.27999878 113.50299835 Tm [(it)] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 148.94799805 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 305 >> BDC BT 1 0 0 -1 153.94900513 113.50299835 Tm [(provides)] TJ ET EMC /P <</MCID 306 >> BDC BT 1 0 0 -1 195.2749939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 200.27600098 113.50299835 Tm [(importa)1(nt)] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 246.93400574 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 251.93499756 113.50299835 Tm [(enlight)1(enment)] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 320.58300781 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 325.58401489 113.50299835 Tm [(for)] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 339.57598877 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 344.57699585 113.50299835 Tm [(further)] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 377.2250061 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 382.22601318 113.50299835 Tm [(research.)] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 425.19299316 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(Overall,)] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 38.98199844 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 41.98199844 144.70300293 Tm [(what)] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 65.30799866 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 68.30799866 144.70300293 Tm [(we)] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 82.30000305 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 85.30000305 144.70300293 Tm [(need)] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 107.95200348 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 110.95200348 144.70300293 Tm [(is)] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 118.95600128 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 121.95600128 144.70300293 Tm [(a)] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 127.28199768 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 130.28199768 144.70300293 Tm [(correct)] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 163.58700562 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 166.58700562 144.70300293 Tm [(approxima)1(tion)] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 236.57099915 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 239.57099915 144.70300293 Tm [(rather)] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 267.54998779 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 270.54998779 144.70300293 Tm [(than)] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 291.20999146 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 294.20999146 144.70300293 Tm [(a)] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 299.53601074 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 302.53601074 144.70300293 Tm [(precise)] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 336.51501465 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 339.51501465 144.70300293 Tm [(answer.)] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 376.49899292 144.70300293 Tm /GS730 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 376.3999939 cm /P <</MCID 343 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 408.6000061 cm /P <</MCID 344 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS731 gs 0 g [(V)] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 8.66600037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 11.66600037 19.90299988 Tm [(Conclusion)] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 69.01799774 19.90299988 Tm /GS732 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 440.79998779 cm /P <</MCID 348 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS733 gs 0 g [(   )] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 18 19.90299988 Tm [(This)] TJ ET EMC /P <</MCID 350 >> BDC BT 1 0 0 -1 39.33399963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 351 >> BDC BT 1 0 0 -1 43.0530014 19.90299988 Tm [(paper)] TJ ET EMC /P <</MCID 352 >> BDC BT 1 0 0 -1 69.7009964 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 353 >> BDC BT 1 0 0 -1 73.41999817 19.90299988 Tm [(presented)] TJ ET EMC /P <</MCID 354 >> BDC BT 1 0 0 -1 119.39900208 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 355 >> BDC BT 1 0 0 -1 123.11799622 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 356 >> BDC BT 1 0 0 -1 137.77799988 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 357 >> BDC BT 1 0 0 -1 141.49699402 19.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 358 >> BDC BT 1 0 0 -1 168.16299438 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 359 >> BDC BT 1 0 0 -1 171.88200378 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 360 >> BDC BT 1 0 0 -1 189.20799255 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 361 >> BDC BT 1 0 0 -1 192.92700195 19.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 362 >> BDC BT 1 0 0 -1 220.92900085 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 363 >> BDC BT 1 0 0 -1 224.647995 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 364 >> BDC BT 1 0 0 -1 233.98199463 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 365 >> BDC BT 1 0 0 -1 237.70100403 19.90299988 Tm [(analyz)1(e)] TJ ET EMC /P <</MCID 366 >> BDC BT 1 0 0 -1 274.33999634 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 367 >> BDC BT 1 0 0 -1 278.05899048 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 368 >> BDC BT 1 0 0 -1 292.71899414 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 369 >> BDC BT 1 0 0 -1 296.43798828 19.90299988 Tm [(asset)] TJ ET EMC /P <</MCID 370 >> BDC BT 1 0 0 -1 319.76400757 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 371 >> BDC BT 1 0 0 -1 323.48300171 19.90299988 Tm [(market)] TJ ET EMC /P <</MCID 372 >> BDC BT 1 0 0 -1 356.79901123 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 373 >> BDC BT 1 0 0 -1 360.51800537 19.90299988 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 374 >> BDC BT 1 0 0 -1 411.48300171 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 375 >> BDC BT 1 0 0 -1 415.20199585 19.90299988 Tm [(In)] TJ ET EMC /P <</MCID 376 >> BDC BT 1 0 0 -1 425.19799805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 377 >> BDC BT 1 0 0 -1 0 51.20600128 Tm [(section)] TJ ET EMC /P <</MCID 378 >> BDC BT 1 0 0 -1 33.99000168 51.20600128 Tm [( )] TJ ET EMC /P <</Lang (zh-CN) /MCID 379 >> BDC BT /FAAAHE 12 Tf 1 0 0 -1 38.65299988 51.20600128 Tm [<0004>] TJ ET EMC /P <</MCID 380 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 50.65299988 51.20600128 Tm [(,)] TJ ET EMC /P <</MCID 381 >> BDC BT 1 0 0 -1 53.65299988 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 382 >> BDC BT 1 0 0 -1 55.98500061 51.20600128 Tm [(we)] TJ ET EMC /P <</MCID 383 >> BDC BT 1 0 0 -1 69.97699738 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 384 >> BDC BT 1 0 0 -1 72.30899811 51.20600128 Tm [(focus)] TJ ET EMC /P <</MCID 385 >> BDC BT 1 0 0 -1 98.3010025 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 386 >> BDC BT 1 0 0 -1 100.63300323 51.20600128 Tm [(on)] TJ ET EMC /P <</MCID 387 >> BDC BT 1 0 0 -1 112.63300323 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 388 >> BDC BT 1 0 0 -1 114.96499634 51.20600128 Tm [(the)] TJ ET EMC /P <</MCID 389 >> BDC BT 1 0 0 -1 129.625 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 390 >> BDC BT 1 0 0 -1 131.95700073 51.20600128 Tm [(developm)1(ent)] TJ ET EMC /P <</MCID 391 >> BDC BT 1 0 0 -1 193.93699646 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 392 >> BDC BT 1 0 0 -1 196.26899719 51.20600128 Tm [(of)] TJ ET EMC /P <</MCID 393 >> BDC BT 1 0 0 -1 206.26499939 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 394 >> BDC BT 1 0 0 -1 208.59700012 51.20600128 Tm [(the)] TJ ET EMC /P <</MCID 395 >> BDC BT 1 0 0 -1 223.25700378 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 396 >> BDC BT 1 0 0 -1 225.58900452 51.20600128 Tm [(EMH.)] TJ ET EMC /P <</MCID 397 >> BDC BT 1 0 0 -1 255.25500488 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 398 >> BDC BT 1 0 0 -1 257.58700562 51.20600128 Tm [(The)] TJ ET EMC /P <</MCID 399 >> BDC BT 1 0 0 -1 276.24301147 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 400 >> BDC BT 1 0 0 -1 278.57501221 51.20600128 Tm [(EMH)] TJ ET EMC /P <</MCID 401 >> BDC BT 1 0 0 -1 305.24099731 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 402 >> BDC BT 1 0 0 -1 307.57299805 51.20600128 Tm [(suggests)] TJ ET EMC /P <</MCID 403 >> BDC BT 1 0 0 -1 348.24301147 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 404 >> BDC BT 1 0 0 -1 350.57501221 51.20600128 Tm [(that)] TJ ET EMC /P <</MCID 405 >> BDC BT 1 0 0 -1 368.56900024 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 406 >> BDC BT 1 0 0 -1 370.90100098 51.20600128 Tm [(asset)] TJ ET EMC /P <</MCID 407 >> BDC BT 1 0 0 -1 394.22698975 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 408 >> BDC BT 1 0 0 -1 396.55899048 51.20600128 Tm [(prices)] TJ ET EMC /P <</MCID 409 >> BDC BT 1 0 0 -1 425.21099854 51.20600128 Tm [( )] TJ ET EMC /P <</MCID 410 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(are)] TJ ET EMC /P <</MCID 411 >> BDC BT 1 0 0 -1 14.64799976 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 412 >> BDC BT 1 0 0 -1 17.22699928 82.3030014 Tm [(unpredict)1(able,)] TJ ET EMC /P <</MCID 413 >> BDC BT 1 0 0 -1 85.52999878 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 414 >> BDC BT 1 0 0 -1 88.10900116 82.3030014 Tm [(all)] TJ ET EMC /P <</MCID 415 >> BDC BT 1 0 0 -1 100.10299683 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 416 >> BDC BT 1 0 0 -1 102.68199921 82.3030014 Tm [(investors)] TJ ET EMC /P <</MCID 417 >> BDC BT 1 0 0 -1 146.01199341 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 418 >> BDC BT 1 0 0 -1 148.59100342 82.3030014 Tm [(have)] TJ ET EMC /P <</MCID 419 >> BDC BT 1 0 0 -1 171.24299622 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 420 >> BDC BT 1 0 0 -1 173.82200623 82.3030014 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 421 >> BDC BT 1 0 0 -1 210.47200012 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 422 >> BDC BT 1 0 0 -1 213.05099487 82.3030014 Tm [(expect)1(ations)] TJ ET EMC /P <</MCID 423 >> BDC BT 1 0 0 -1 273.02801514 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 424 >> BDC BT 1 0 0 -1 275.60699463 82.3030014 Tm [(and)] TJ ET EMC /P <</MCID 425 >> BDC BT 1 0 0 -1 292.93301392 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 426 >> BDC BT 1 0 0 -1 295.51199341 82.3030014 Tm [(all)] TJ ET EMC /P <</MCID 427 >> BDC BT 1 0 0 -1 307.50601196 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 428 >> BDC BT 1 0 0 -1 310.08499146 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 429 >> BDC BT 1 0 0 -1 324.74499512 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 430 >> BDC BT 1 0 0 -1 327.32400513 82.3030014 Tm [(releva)1(nt)] TJ ET EMC /P <</MCID 431 >> BDC BT 1 0 0 -1 365.9670105 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 432 >> BDC BT 1 0 0 -1 368.54598999 82.3030014 Tm [(informat)1(ion)] TJ ET EMC /P <</MCID 433 >> BDC BT 1 0 0 -1 425.20001221 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 434 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(are)] TJ ET EMC /P <</MCID 435 >> BDC BT 1 0 0 -1 14.64799976 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 436 >> BDC BT 1 0 0 -1 18.70299911 113.50299835 Tm [(avail)1(able)] TJ ET EMC /P <</MCID 437 >> BDC BT 1 0 0 -1 62.00999832 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 438 >> BDC BT 1 0 0 -1 66.06500244 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 439 >> BDC BT 1 0 0 -1 75.39900208 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 440 >> BDC BT 1 0 0 -1 79.45400238 113.50299835 Tm [(investors.)] TJ ET EMC /P <</MCID 441 >> BDC BT 1 0 0 -1 125.78399658 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 442 >> BDC BT 1 0 0 -1 129.83900452 113.50299835 Tm [(In)] TJ ET EMC /P <</MCID 443 >> BDC BT 1 0 0 -1 139.83500671 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 444 >> BDC BT 1 0 0 -1 143.88999939 113.50299835 Tm [(additi)1(on,)] TJ ET EMC /P <</MCID 445 >> BDC BT 1 0 0 -1 186.21800232 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 446 >> BDC BT 1 0 0 -1 190.272995 113.50299835 Tm [(we)] TJ ET EMC /P <</MCID 447 >> BDC BT 1 0 0 -1 204.26499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 448 >> BDC BT 1 0 0 -1 208.32000732 113.50299835 Tm [(also)] TJ ET EMC /P <</MCID 449 >> BDC BT 1 0 0 -1 227.6499939 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 450 >> BDC BT 1 0 0 -1 231.70500183 113.50299835 Tm [(distingui)1(s)-1(he)1(d)] TJ ET EMC /P <</MCID 451 >> BDC BT 1 0 0 -1 295.70700073 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 452 >> BDC BT 1 0 0 -1 299.76199341 113.50299835 Tm [(three)] TJ ET EMC /P <</MCID 453 >> BDC BT 1 0 0 -1 323.74398804 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 454 >> BDC BT 1 0 0 -1 327.79901123 113.50299835 Tm [(forms)] TJ ET EMC /P <</MCID 455 >> BDC BT 1 0 0 -1 355.79501343 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 456 >> BDC BT 1 0 0 -1 359.8500061 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 457 >> BDC BT 1 0 0 -1 369.8460083 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 458 >> BDC BT 1 0 0 -1 373.90100098 113.50299835 Tm [(effici)1(ency:)] TJ ET EMC /P <</MCID 459 >> BDC BT 1 0 0 -1 425.20001221 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 460 >> BDC BT 1 0 0 -1 0 144.70300293 Tm [(weak)] TJ ET EMC /P <</MCID 461 >> BDC BT 1 0 0 -1 25.31800079 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 462 >> BDC BT 1 0 0 -1 28.44300079 144.70300293 Tm [(form)] TJ ET EMC /P <</MCID 463 >> BDC BT 1 0 0 -1 51.76900101 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 464 >> BDC BT 1 0 0 -1 54.89400101 144.70300293 Tm [(effici)1(ency,)] TJ ET EMC /P <</MCID 465 >> BDC BT 1 0 0 -1 105.85900116 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 466 >> BDC BT 1 0 0 -1 108.98400116 144.70300293 Tm [(semi-strong)] TJ ET EMC /P <</MCID 467 >> BDC BT 1 0 0 -1 165.64399719 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 468 >> BDC BT 1 0 0 -1 168.76899719 144.70300293 Tm [(form)] TJ ET EMC /P <</MCID 469 >> BDC BT 1 0 0 -1 192.09500122 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 470 >> BDC BT 1 0 0 -1 195.22000122 144.70300293 Tm [(effici)1(ency,)] TJ ET EMC /P <</MCID 471 >> BDC BT 1 0 0 -1 246.18499756 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 472 >> BDC BT 1 0 0 -1 249.30999756 144.70300293 Tm [(and)] TJ ET EMC /P <</MCID 473 >> BDC BT 1 0 0 -1 266.63598633 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 474 >> BDC BT 1 0 0 -1 269.76098633 144.70300293 Tm [(strong)] TJ ET EMC /P <</MCID 475 >> BDC BT 1 0 0 -1 299.76098633 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 476 >> BDC BT 1 0 0 -1 302.88598633 144.70300293 Tm [(form)] TJ ET EMC /P <</MCID 477 >> BDC BT 1 0 0 -1 326.21200562 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 478 >> BDC BT 1 0 0 -1 329.33700562 144.70300293 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 479 >> BDC BT 1 0 0 -1 380.30200195 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 480 >> BDC BT 1 0 0 -1 383.42700195 144.70300293 Tm [(We)] TJ ET EMC /P <</MCID 481 >> BDC BT 1 0 0 -1 400.07901001 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 482 >> BDC BT 1 0 0 -1 403.20401001 144.70300293 Tm [(used)] TJ ET EMC /P <</MCID 483 >> BDC BT 1 0 0 -1 425.20001221 144.70300293 Tm [( )] TJ ET EMC /P <</MCID 484 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 485 >> BDC BT 1 0 0 -1 14.65999985 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 486 >> BDC BT 1 0 0 -1 17.89699936 175.90299988 Tm [(empiri)1(cal)] TJ ET EMC /P <</MCID 487 >> BDC BT 1 0 0 -1 63.20800018 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 488 >> BDC BT 1 0 0 -1 66.44499969 175.90299988 Tm [(analysis)] TJ ET EMC /P <</MCID 489 >> BDC BT 1 0 0 -1 105.10500336 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 490 >> BDC BT 1 0 0 -1 108.34200287 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 491 >> BDC BT 1 0 0 -1 117.6760025 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 492 >> BDC BT 1 0 0 -1 120.91300201 175.90299988 Tm [(test)] TJ ET EMC /P <</MCID 493 >> BDC BT 1 0 0 -1 137.57699585 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 494 >> BDC BT 1 0 0 -1 140.81399536 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 495 >> BDC BT 1 0 0 -1 155.47399902 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 496 >> BDC BT 1 0 0 -1 158.71099854 175.90299988 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 497 >> BDC BT 1 0 0 -1 206.67599487 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 498 >> BDC BT 1 0 0 -1 209.91299438 175.90299988 Tm [(of)] TJ ET EMC /P <</MCID 499 >> BDC BT 1 0 0 -1 219.90899658 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 500 >> BDC BT 1 0 0 -1 223.14599609 175.90299988 Tm [(U.S.)] TJ ET EMC /P <</MCID 501 >> BDC BT 1 0 0 -1 244.48599243 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 502 >> BDC BT 1 0 0 -1 247.7230072 175.90299988 Tm [(stock)] TJ ET EMC /P <</MCID 503 >> BDC BT 1 0 0 -1 273.05300903 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 504 >> BDC BT 1 0 0 -1 276.29000854 175.90299988 Tm [(market)] TJ ET EMC /P <</MCID 505 >> BDC BT 1 0 0 -1 309.60598755 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 506 >> BDC BT 1 0 0 -1 312.84298706 175.90299988 Tm [(and)] TJ ET EMC /P <</MCID 507 >> BDC BT 1 0 0 -1 330.16900635 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 508 >> BDC BT 1 0 0 -1 333.40600586 175.90299988 Tm [(we)] TJ ET EMC /P <</MCID 509 >> BDC BT 1 0 0 -1 347.39801025 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 510 >> BDC BT 1 0 0 -1 350.63500977 175.90299988 Tm [(discussed)] TJ ET EMC /P <</MCID 511 >> BDC BT 1 0 0 -1 396.63101196 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 512 >> BDC BT 1 0 0 -1 399.86801147 175.90299988 Tm [(some)] TJ ET EMC /P <</MCID 513 >> BDC BT 1 0 0 -1 425.19799805 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 514 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(chall)1(enges)] TJ ET EMC /P <</MCID 515 >> BDC BT 1 0 0 -1 50.64300156 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 516 >> BDC BT 1 0 0 -1 54.0719986 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 517 >> BDC BT 1 0 0 -1 68.73200226 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 518 >> BDC BT 1 0 0 -1 72.16100311 207.10299683 Tm [(EMH)] TJ ET EMC /P <</MCID 519 >> BDC BT 1 0 0 -1 98.82700348 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 520 >> BDC BT 1 0 0 -1 102.2559967 207.10299683 Tm [(faces)] TJ ET EMC /P <</MCID 521 >> BDC BT 1 0 0 -1 126.90100098 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 522 >> BDC BT 1 0 0 -1 130.33000183 207.10299683 Tm [(as)] TJ ET EMC /P <</MCID 523 >> BDC BT 1 0 0 -1 140.32600403 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 524 >> BDC BT 1 0 0 -1 143.75500488 207.10299683 Tm [(well)] TJ ET EMC /P <</MCID 525 >> BDC BT 1 0 0 -1 164.41499329 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 526 >> BDC BT 1 0 0 -1 167.84399414 207.10299683 Tm [(as)] TJ ET EMC /P <</MCID 527 >> BDC BT 1 0 0 -1 177.83999634 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 528 >> BDC BT 1 0 0 -1 181.26899719 207.10299683 Tm [(some)] TJ ET EMC /P <</MCID 529 >> BDC BT 1 0 0 -1 206.59899902 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 530 >> BDC BT 1 0 0 -1 210.02799988 207.10299683 Tm [(anomal)1(ies)] TJ ET EMC /P <</MCID 531 >> BDC BT 1 0 0 -1 258.67800903 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 532 >> BDC BT 1 0 0 -1 262.10699463 207.10299683 Tm [(which)] TJ ET EMC /P <</MCID 533 >> BDC BT 1 0 0 -1 291.43301392 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 534 >> BDC BT 1 0 0 -1 294.86199951 207.10299683 Tm [(cannot)] TJ ET EMC /P <</MCID 535 >> BDC BT 1 0 0 -1 326.84799194 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 536 >> BDC BT 1 0 0 -1 330.27700806 207.10299683 Tm [(be)] TJ ET EMC /P <</MCID 537 >> BDC BT 1 0 0 -1 341.60299683 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 538 >> BDC BT 1 0 0 -1 345.03201294 207.10299683 Tm [(explai)1(ned)] TJ ET EMC /P <</MCID 539 >> BDC BT 1 0 0 -1 391.67800903 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 540 >> BDC BT 1 0 0 -1 395.10699463 207.10299683 Tm [(by)] TJ ET EMC /P <</MCID 541 >> BDC BT 1 0 0 -1 407.10699463 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 542 >> BDC BT 1 0 0 -1 410.53601074 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 543 >> BDC BT 1 0 0 -1 425.1960144 207.10299683 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS734 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS735 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 208.03799438 8.56900024 Tm 0 g [(11)] TJ /GS736 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 20.00600052 Tm 0 g [(EMH.)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 29.66600037 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 34.24700165 20.00600052 Tm [(In)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 44.24300003 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 48.82400131 20.00600052 Tm [(section)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 82.81400299 20.00600052 Tm [( )] TJ ET EMC /P <</Lang (zh-CN) /MCID 6 >> BDC BT /FAAAHE 12 Tf 1 0 0 -1 90.39499664 20.00600052 Tm [<0009>] TJ ET EMC /P <</MCID 7 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 102.39499664 20.00600052 Tm [(,)] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 105.39499664 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 109.97599792 20.00600052 Tm [(we)] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 123.96800232 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 128.54899597 20.00600052 Tm [(explai)1(ned)] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 175.19500732 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 179.77600098 20.00600052 Tm [(that)] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 197.77000427 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 202.35099792 20.00600052 Tm [(the)] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 217.01100159 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 221.59199524 20.00600052 Tm [(behavioura)1(l)] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 278.23498535 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 282.81600952 20.00600052 Tm [(economi)1(s)-1(t)1(s)] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 336.80999756 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 341.39099121 20.00600052 Tm [(apply)] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 368.05099487 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 372.63198853 20.00600052 Tm [(ideas)] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 397.28799438 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 401.86898804 20.00600052 Tm [(from)] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 425.19500732 20.00600052 Tm [( )] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(evoluti)1(onary)] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 60.65000153 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 63.70500183 51.10300064 Tm [(principl)1(e)] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 106.35500336 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 109.41000366 51.10300064 Tm [(to)] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 118.7440033 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 121.7990036 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 136.45899963 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 139.51400757 51.10300064 Tm [(study)] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 165.51800537 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 168.57299805 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 178.56900024 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 181.62399292 51.10300064 Tm [(investor�s)] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 228.94999695 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 232.00500488 51.10300064 Tm [(behaviour)] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 279.98699951 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 283.04199219 51.10300064 Tm [(and)] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 300.36801147 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 303.42300415 51.10300064 Tm [(clai)1(med)] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 341.40301514 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 344.45800781 51.10300064 Tm [(that)] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 362.45199585 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 365.50698853 51.10300064 Tm [(the)] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 380.16699219 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 383.22198486 51.10300064 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 425.19900513 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 0 82.3030014 Tm [(market)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 33.31600189 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 39.95500183 82.3030014 Tm [(also)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 59.28499985 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 65.9240036 82.3030014 Tm [(exists)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 93.25800323 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 99.89700317 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 114.55699921 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 121.19599915 82.3030014 Tm [(theory)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 151.852005 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 158.49099731 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 168.48699951 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 175.12600708 82.3030014 Tm [(�the)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 195.11199951 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 201.75100708 82.3030014 Tm [(survival)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 240.41099548 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 247.05000305 82.3030014 Tm [(of)] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 257.04598999 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 263.68499756 82.3030014 Tm [(the)] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 278.34500122 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 284.98400879 82.3030014 Tm [(fitte)1(s)-1(t)1(�.)] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 320.63800049 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 327.27700806 82.3030014 Tm [(Then)] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 351.93301392 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 358.57199097 82.3030014 Tm [(we)] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 372.56399536 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 379.20300293 82.3030014 Tm [(discussed)] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 425.19900513 82.3030014 Tm [( )] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 0 113.50299835 Tm [(assumptions)] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 59.33800125 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 62.79399872 113.50299835 Tm [(and)] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 80.12000275 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 83.5759964 113.50299835 Tm [(impl)1(ications)] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 142.9019928 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 146.35800171 113.50299835 Tm [(of)] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 156.35400391 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 159.80999756 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 174.47000122 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 177.92599487 113.50299835 Tm [(AMH,)] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 208.92799377 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 212.38400269 113.50299835 Tm [(indica)1(ting)] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 260.37200928 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 263.82800293 113.50299835 Tm [(that)] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 281.82199097 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 285.27801514 113.50299835 Tm [(the)] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 299.93798828 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 303.39401245 113.50299835 Tm [(AMH)] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 331.39599609 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 334.85198975 113.50299835 Tm [(is)] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 342.85598755 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 346.31201172 113.50299835 Tm [(more)] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 370.96798706 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 374.42401123 113.50299835 Tm [(reali)1(s)-1(t)1(ic)] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 412.4039917 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 415.85998535 113.50299835 Tm [(to)] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 425.19400024 113.50299835 Tm [( )] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 0 144.80599976 Tm [(the)] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 14.65999985 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 17.8029995 144.80599976 Tm [(asset)] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 41.12900162 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 44.27199936 144.80599976 Tm [(market)1(.)] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 80.58799744 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 83.73100281 144.80599976 Tm [(In)] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 93.72699738 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 96.87000275 144.80599976 Tm [(section)] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 130.86000061 144.80599976 Tm [( )] TJ ET EMC /P <</Lang (zh-CN) /MCID 119 >> BDC BT /FAAAHE 12 Tf 1 0 0 -1 137.00300598 144.80599976 Tm [<000A>] TJ ET EMC /P <</MCID 120 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 149.00300598 144.80599976 Tm [(,)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 152.00300598 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 155.14599609 144.80599976 Tm [(we)] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 169.13800049 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 172.28100586 144.80599976 Tm [(understood)] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 225.60699463 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 228.75 144.80599976 Tm [(that)] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 246.7440033 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 249.88699341 144.80599976 Tm [(under)] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 277.20901489 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 280.35198975 144.80599976 Tm [(the)] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 295.01199341 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 298.15499878 144.80599976 Tm [(AMH,)] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 329.15701294 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 332.29998779 144.80599976 Tm [(after)] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 354.2789917 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 357.42199707 144.80599976 Tm [(adapta)1(tion)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 407.40200806 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 410.54501343 144.80599976 Tm [(are)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 425.19299316 144.80599976 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 0 175.90299988 Tm [(made)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 25.98600006 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 29.1609993 175.90299988 Tm [(comple)1(tely,)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 85.47499847 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 88.65000153 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 103.30999756 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 106.48500061 175.90299988 Tm [(EMH)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 133.15100098 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 136.32600403 175.90299988 Tm [(is)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 144.33000183 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 147.50500488 175.90299988 Tm [(a)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 152.83099365 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 156.0059967 175.90299988 Tm [(good)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 180.0059967 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 183.18099976 175.90299988 Tm [(approxima)1(tion)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 253.16499329 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 256.33999634 175.90299988 Tm [(to)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 265.67401123 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 268.84899902 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 283.50900269 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 286.68399048 175.90299988 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 327.67001343 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 330.84500122 175.90299988 Tm [(Although)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 376.1789856 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 379.35400391 175.90299988 Tm [(the)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 394.01400757 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 397.18899536 175.90299988 Tm [(AMH)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 425.19100952 175.90299988 Tm [( )] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 0 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 8.00399971 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 11.35499954 207.10299683 Tm [(more)] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 36.01100159 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 39.36199951 207.10299683 Tm [(reali)1(s)-1(t)1(ic,)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 80.34200287 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 83.69300079 207.10299683 Tm [(we)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 97.68499756 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 101.03600311 207.10299683 Tm [(faile)1(d)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 128.352005 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 131.70300293 207.10299683 Tm [(to)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 141.03700256 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 144.38800049 207.10299683 Tm [(say)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 160.38400269 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 163.73500061 207.10299683 Tm [(that)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 181.72900391 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 185.08000183 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 199.74000549 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 203.09100342 207.10299683 Tm [(AMH)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 231.09300232 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 234.44400024 207.10299683 Tm [(is)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 242.44799805 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 245.79899597 207.10299683 Tm [(a)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 251.125 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 254.47599792 207.10299683 Tm [(substitute)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 300.47799683 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 303.82901001 207.10299683 Tm [(for)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 317.8210144 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 321.17199707 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 335.83200073 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 339.18301392 207.10299683 Tm [(EMH)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 365.84899902 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 369.20001221 207.10299683 Tm [(because)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 407.17498779 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 202 >> BDC BT 1 0 0 -1 410.52600098 207.10299683 Tm [(the)] TJ ET EMC /P <</MCID 203 >> BDC BT 1 0 0 -1 425.18600464 207.10299683 Tm [( )] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 0 238.30299377 Tm [(EMH)] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 26.66600037 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 29.66600037 238.30299377 Tm [(provides)] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 70.99199677 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 73.99199677 238.30299377 Tm [(importa)1(nt)] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 120.65000153 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 123.65000153 238.30299377 Tm [(inspirati)1(ons)] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 179.647995 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 182.647995 238.30299377 Tm [(for)] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 196.63999939 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 199.63999939 238.30299377 Tm [(further)] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 232.28799438 238.30299377 Tm [( )] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 235.28799438 238.30299377 Tm [(research.)] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 278.25500488 238.30299377 Tm /GS737 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 250.6000061 cm /P <</MCID 218 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 282.79998779 cm /P <</MCID 219 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 0 19.90299988 Tm /GS738 gs 0 g [(VI)] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 13.33600044 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 16.33600044 19.90299988 Tm [(Bibliogr)1(ap)-1(hy)] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 83.69000244 19.90299988 Tm /GS739 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 315 cm /P <</MCID 223 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS740 gs 0 g [(Baile)1(y,)] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 34.32400131 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 37.32400131 19.90299988 Tm [(R.E.,)] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 61.65800095 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 64.65799713 19.90299988 Tm [(2005.)] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 91.65799713 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 94.65799713 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 113.31400299 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 116.31400299 19.90299988 Tm [(economi)1(cs)] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 167.63000488 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 170.63000488 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 180.62600708 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 183.62600708 19.90299988 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 225.60299683 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 228.60299683 19.90299988 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 269.58898926 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 272.58898926 19.90299988 Tm [(Cambridge)] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 325.90899658 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 241 >> BDC BT 1 0 0 -1 328.90899658 19.90299988 Tm [(University)] TJ ET EMC /P <</MCID 242 >> BDC BT 1 0 0 -1 379.56900024 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 382.56900024 19.90299988 Tm [(Press.)] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 410.90499878 19.90299988 Tm /GS741 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 347.20001221 cm /P <</MCID 245 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 379.3999939 cm /P <</MCID 246 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS742 gs 0 g [(Broadbent,)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 52.98600006 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 59.61199951 19.90299988 Tm [(S.R.,)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 83.29000092 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 89.91600037 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 107.24199677 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 113.86799622 19.90299988 Tm [(Kendall,)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 154.85400391 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 161.47999573 19.90299988 Tm [(D.G.,)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 187.81199646 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 194.43800354 19.90299988 Tm [(1953.)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 221.43800354 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 228.06399536 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 246.72000122 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 253.34599304 19.90299988 Tm [(random)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 290.00201416 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 296.62799072 19.90299988 Tm [(walk)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 319.95401001 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 326.57998657 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 336.57598877 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 343.20199585 19.90299988 Tm [(Trichostrongyl)1(us)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 425.19198608 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 268 >> BDC BT 1 0 0 -1 6 51.10300064 Tm [(retorta)1(eformis.)] TJ ET EMC /P <</MCID 269 >> BDC BT 1 0 0 -1 76.96900177 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 270 >> BDC BT 1 0 0 -1 79.96900177 51.10300064 Tm [(Biomet)1(rics,)] TJ ET EMC /P <</MCID 271 >> BDC BT 1 0 0 -1 135.6269989 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 272 >> BDC BT 1 0 0 -1 138.6269989 51.10300064 Tm [(9\(4\),)] TJ ET EMC /P <</MCID 273 >> BDC BT 1 0 0 -1 161.6190033 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 274 >> BDC BT 1 0 0 -1 164.6190033 51.10300064 Tm [(pp.460-466.)] TJ ET EMC /P <</MCID 275 >> BDC BT 1 0 0 -1 222.61500549 51.10300064 Tm /GS743 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 442.79998779 cm /P <</MCID 276 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 475 cm /P <</MCID 277 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS744 gs 0 g [(Fama,)] TJ ET EMC /P <</MCID 278 >> BDC BT 1 0 0 -1 29.65999985 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 279 >> BDC BT 1 0 0 -1 33.25600052 19.90299988 Tm [(E.F.,)] TJ ET EMC /P <</MCID 280 >> BDC BT 1 0 0 -1 56.25999832 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 281 >> BDC BT 1 0 0 -1 59.85599899 19.90299988 Tm [(1965.)] TJ ET EMC /P <</MCID 282 >> BDC BT 1 0 0 -1 86.85600281 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 283 >> BDC BT 1 0 0 -1 90.45200348 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 284 >> BDC BT 1 0 0 -1 109.10800171 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 285 >> BDC BT 1 0 0 -1 112.70400238 19.90299988 Tm [(behavior)] TJ ET EMC /P <</MCID 286 >> BDC BT 1 0 0 -1 154.68600464 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 287 >> BDC BT 1 0 0 -1 158.28199768 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 288 >> BDC BT 1 0 0 -1 168.27799988 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 289 >> BDC BT 1 0 0 -1 171.87399292 19.90299988 Tm [(stock-marke)1(t)] TJ ET EMC /P <</MCID 290 >> BDC BT 1 0 0 -1 234.51699829 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 291 >> BDC BT 1 0 0 -1 238.11300659 19.90299988 Tm [(prices.)] TJ ET EMC /P <</MCID 292 >> BDC BT 1 0 0 -1 269.76501465 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 293 >> BDC BT 1 0 0 -1 272.76501465 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 294 >> BDC BT 1 0 0 -1 291.42098999 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 295 >> BDC BT 1 0 0 -1 295.01699829 19.90299988 Tm [(Journal)] TJ ET EMC /P <</MCID 296 >> BDC BT 1 0 0 -1 330.34298706 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 297 >> BDC BT 1 0 0 -1 333.93899536 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 298 >> BDC BT 1 0 0 -1 343.93499756 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 299 >> BDC BT 1 0 0 -1 347.53100586 19.90299988 Tm [(Business,)] TJ ET EMC /P <</MCID 300 >> BDC BT 1 0 0 -1 393.20498657 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 301 >> BDC BT 1 0 0 -1 396.20498657 19.90299988 Tm [(38\(1\),)] TJ ET EMC /P <</MCID 302 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 303 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(pp.34-105.)] TJ ET EMC /P <</MCID 304 >> BDC BT 1 0 0 -1 51.99599838 51.10300064 Tm /GS745 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 538.40002441 cm /P <</MCID 305 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 570.59997559 cm /P <</MCID 306 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS746 gs 0 g [(Fama,)] TJ ET EMC /P <</MCID 307 >> BDC BT 1 0 0 -1 29.65999985 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 308 >> BDC BT 1 0 0 -1 33.7859993 19.90299988 Tm [(E.F.,)] TJ ET EMC /P <</MCID 309 >> BDC BT 1 0 0 -1 56.79000092 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 310 >> BDC BT 1 0 0 -1 60.91600037 19.90299988 Tm [(1970)] TJ ET EMC /P <</MCID 311 >> BDC BT 1 0 0 -1 84.91600037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 312 >> BDC BT 1 0 0 -1 89.04199982 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 313 >> BDC BT 1 0 0 -1 106.36799622 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 314 >> BDC BT 1 0 0 -1 110.4940033 19.90299988 Tm [(Malkiel)1(,)] TJ ET EMC /P <</MCID 315 >> BDC BT 1 0 0 -1 150.81799316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 316 >> BDC BT 1 0 0 -1 154.94400024 19.90299988 Tm [(B.G.)] TJ ET EMC /P <</MCID 317 >> BDC BT 1 0 0 -1 177.61399841 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 318 >> BDC BT 1 0 0 -1 181.74000549 19.90299988 Tm [(Effici)1(ent)] TJ ET EMC /P <</MCID 319 >> BDC BT 1 0 0 -1 223.71699524 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 320 >> BDC BT 1 0 0 -1 227.84300232 19.90299988 Tm [(capit)1(al)] TJ ET EMC /P <</MCID 321 >> BDC BT 1 0 0 -1 259.82299805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 322 >> BDC BT 1 0 0 -1 263.94900513 19.90299988 Tm [(market)1(s)-1(:)] TJ ET EMC /P <</MCID 323 >> BDC BT 1 0 0 -1 305.26901245 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 324 >> BDC BT 1 0 0 -1 309.39498901 19.90299988 Tm [(A)] TJ ET EMC /P <</MCID 325 >> BDC BT 1 0 0 -1 318.06100464 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 326 >> BDC BT 1 0 0 -1 322.18701172 19.90299988 Tm [(review)] TJ ET EMC /P <</MCID 327 >> BDC BT 1 0 0 -1 354.83499146 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 328 >> BDC BT 1 0 0 -1 358.96099854 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 329 >> BDC BT 1 0 0 -1 368.95700073 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 330 >> BDC BT 1 0 0 -1 373.08300781 19.90299988 Tm [(theory)] TJ ET EMC /P <</MCID 331 >> BDC BT 1 0 0 -1 403.73901367 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 332 >> BDC BT 1 0 0 -1 407.86499023 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 333 >> BDC BT 1 0 0 -1 425.19100952 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 334 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(empiri)1(cal)] TJ ET EMC /P <</MCID 335 >> BDC BT 1 0 0 -1 45.31100082 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 336 >> BDC BT 1 0 0 -1 48.31100082 51.10300064 Tm [(work.)] TJ ET EMC /P <</MCID 337 >> BDC BT 1 0 0 -1 75.97299957 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 338 >> BDC BT 1 0 0 -1 78.97299957 51.10300064 Tm [(The)] TJ ET EMC /P <</MCID 339 >> BDC BT 1 0 0 -1 97.6289978 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 340 >> BDC BT 1 0 0 -1 100.6289978 51.10300064 Tm [(Journal)] TJ ET EMC /P <</MCID 341 >> BDC BT 1 0 0 -1 135.95500183 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 342 >> BDC BT 1 0 0 -1 138.95500183 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 343 >> BDC BT 1 0 0 -1 148.95100403 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 344 >> BDC BT 1 0 0 -1 151.95100403 51.10300064 Tm [(Finance,)] TJ ET EMC /P <</MCID 345 >> BDC BT 1 0 0 -1 192.93699646 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 346 >> BDC BT 1 0 0 -1 195.93699646 51.10300064 Tm [(25\(2\),)] TJ ET EMC /P <</MCID 347 >> BDC BT 1 0 0 -1 224.92900085 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 348 >> BDC BT 1 0 0 -1 227.92900085 51.10300064 Tm [(pp.383-417.)] TJ ET EMC /P <</MCID 349 >> BDC BT 1 0 0 -1 285.92498779 51.10300064 Tm /GS747 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 634 cm /P <</MCID 350 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS748 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS749 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 208.03799438 8.56900024 Tm 0 g [(12)] TJ /GS750 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(Grossman,)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 51.66199875 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 55.49399948 19.90299988 Tm [(S.,)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 68.16799927 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 72 19.90299988 Tm [(1976.)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 99 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 102.83200073 19.90299988 Tm [(On)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 117.4980011 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 121.33000183 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 135.99000549 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 139.82200623 19.90299988 Tm [(effici)1(ency)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 187.78700256 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 191.6190033 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 201.61500549 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 205.44700623 19.90299988 Tm [(compet)1(itive)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 262.09500122 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 265.92700195 19.90299988 Tm [(stock)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 291.25698853 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 295.08898926 19.90299988 Tm [(market)1(s)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 333.07501221 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 336.90701294 19.90299988 Tm [(where)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 366.2210083 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 370.05300903 19.90299988 Tm [(trades)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 398.70498657 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 402.5369873 19.90299988 Tm [(have)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 425.18899536 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(diverse)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 34.65200043 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 37.65200043 51.10300064 Tm [(informat)1(ion.)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 97.30599976 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 100.30599976 51.10300064 Tm [(The)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 118.96199799 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 121.96199799 51.10300064 Tm [(Journal)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 157.28799438 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 160.28799438 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 170.28399658 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 36 >> BDC BT 1 0 0 -1 173.28399658 51.10300064 Tm [(finance)1(,)] TJ ET EMC /P <</MCID 37 >> BDC BT 1 0 0 -1 211.59300232 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 214.59300232 51.10300064 Tm [(31\(2\),)] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 243.58500671 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 246.58500671 51.10300064 Tm [(pp.573-585.)] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 304.58099365 51.10300064 Tm /GS751 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 63.40000153 cm /P <</MCID 42 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 95.59999847 cm /P <</MCID 43 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS752 gs 0 g [(Grossman,)] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 51.66199875 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 54.7140007 19.90299988 Tm [(S.J.)] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 72.05799866 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 75.11000061 19.90299988 Tm [(,and)] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 95.43599701 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 98.48799896 19.90299988 Tm [(Stigli)1(tz,)] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 136.15800476 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 139.21000671 19.90299988 Tm [(J.E.,)] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 160.21000671 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 163.26199341 19.90299988 Tm [(1980.)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 190.26199341 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 193.31399536 19.90299988 Tm [(On)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 207.97999573 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 211.03199768 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 225.69200134 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 228.7440033 19.90299988 Tm [(impossibil)1(ity)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 291.42199707 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 294.47399902 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 304.47000122 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 307.52200317 19.90299988 Tm [(informat)1(ionally)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 382.17001343 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 385.22198486 19.90299988 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 425.19500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(market)1(s)-1(.)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 40.98600006 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 43.98600006 51.10300064 Tm [(The)] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 62.64199829 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 71 >> BDC BT 1 0 0 -1 65.64199829 51.10300064 Tm [(America)1(n)] TJ ET EMC /P <</MCID 72 >> BDC BT 1 0 0 -1 112.9509964 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 115.9509964 51.10300064 Tm [(economi)1(c)] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 162.59700012 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 165.59700012 51.10300064 Tm [(review,)] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 201.24499512 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 204.24499512 51.10300064 Tm [(70\(3\),)] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 233.23699951 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 236.23699951 51.10300064 Tm [(pp.393-408.)] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 294.23300171 51.10300064 Tm /GS753 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 159 cm /P <</MCID 81 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 191.19999695 cm /P <</MCID 82 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS754 gs 0 g [(Hirshleifer,)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 54.97900009 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 60.63899994 19.90299988 Tm [(D.)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 72.30500031 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 77.96499634 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 95.29100037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 100.9509964 19.90299988 Tm [(Shumway,)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 151.95100403 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 157.61099243 19.90299988 Tm [(T.,)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 170.94099426 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 176.60099792 19.90299988 Tm [(2003.)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 203.60099792 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 209.26100159 19.90299988 Tm [(Good)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 235.92700195 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 241.58700562 19.90299988 Tm [(day)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 258.91299438 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 264.57299805 19.90299988 Tm [(sunshine:)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 309.90701294 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 100 >> BDC BT 1 0 0 -1 315.56698608 19.90299988 Tm [(Stock)] TJ ET EMC /P <</MCID 101 >> BDC BT 1 0 0 -1 342.90100098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 348.56100464 19.90299988 Tm [(returns)] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 381.88299561 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 387.54299927 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 404.86898804 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 410.5289917 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 425.18899536 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(weather.)] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 40.97499847 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 43.97499847 51.10300064 Tm [(The)] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 62.63100052 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 65.6309967 51.10300064 Tm [(Journal)] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 100.95700073 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 103.95700073 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 113.95300293 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 116.95300293 51.10300064 Tm [(Finance,)] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 157.93899536 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 160.93899536 51.10300064 Tm [(58\(3\),)] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 189.93099976 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 192.93099976 51.10300064 Tm [(pp.1009-1032.)] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 262.92700195 51.10300064 Tm /GS755 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 254.6000061 cm /P <</MCID 122 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 286.79998779 cm /P <</MCID 123 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS756 gs 0 g [(Jegadeesh,)] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 51.64500046 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 57.36000061 19.90299988 Tm [(N.)] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 69.02600098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 74.74099731 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 92.06700134 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 97.78199768 19.90299988 Tm [(Titm)1(an,)] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 135.44000244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 141.15499878 19.90299988 Tm [(S.,)] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 153.82899475 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 159.54400635 19.90299988 Tm [(1993.)] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 186.54400635 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 135 >> BDC BT 1 0 0 -1 192.25900269 19.90299988 Tm [(Returns)] TJ ET EMC /P <</MCID 136 >> BDC BT 1 0 0 -1 229.58900452 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 235.30400085 19.90299988 Tm [(to)] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 244.63800049 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 250.35299683 19.90299988 Tm [(buying)] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 283.68701172 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 289.40200806 19.90299988 Tm [(winners)] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 327.39401245 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 333.10900879 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 350.43499756 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 356.1499939 19.90299988 Tm [(selling)] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 388.14801025 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 393.86300659 19.90299988 Tm [(losers:)] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 425.19299316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Implic)1(ations)] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 59.98799896 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 62.98799896 51.10300064 Tm [(for)] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 76.98000336 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 79.98000336 51.10300064 Tm [(stock)] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 105.30999756 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 108.30999756 51.10300064 Tm [(market)] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 141.62600708 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 144.62600708 51.10300064 Tm [(effici)1(ency.)] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 195.59100342 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 198.59100342 51.10300064 Tm [(The)] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 217.24699402 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 220.24699402 51.10300064 Tm [(Journal)] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 255.57299805 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 258.57299805 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 268.56900024 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 271.56900024 51.10300064 Tm [(finance)1(,)] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 309.87799072 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 312.87799072 51.10300064 Tm [(48\(1\),)] TJ ET EMC /P <</MCID 168 >> BDC BT 1 0 0 -1 341.86999512 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 169 >> BDC BT 1 0 0 -1 344.86999512 51.10300064 Tm [(pp.65-91.)] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 390.86599731 51.10300064 Tm /GS757 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 350.20001221 cm /P <</MCID 171 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 382.3999939 cm /P <</MCID 172 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS758 gs 0 g [(Lo,)] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 16.32999992 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 19.53800011 19.90299988 Tm [(A.W.)] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 45.52999878 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 48.73799896 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 66.06400299 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 69.27200317 19.90299988 Tm [(MacKinlay,)] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 126.2539978 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 129.46200562 19.90299988 Tm [(A.C.,)] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 155.13200378 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 158.33999634 19.90299988 Tm [(2002.)] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 185.33999634 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 188.33999634 19.90299988 Tm [(A)] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 197.0059967 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 200.21400452 19.90299988 Tm [(non-random)] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 258.86599731 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 262.07400513 19.90299988 Tm [(walk)] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 285.3999939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 288.60800171 19.90299988 Tm [(down)] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 315.27398682 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 318.48199463 19.90299988 Tm [(Wall)] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 341.80200195 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 345.01000977 19.90299988 Tm [(Street.)] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 376 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 196 >> BDC BT 1 0 0 -1 379.20800781 19.90299988 Tm [(Princeton)] TJ ET EMC /P <</MCID 197 >> BDC BT 1 0 0 -1 425.19799805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 198 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(University)] TJ ET EMC /P <</MCID 199 >> BDC BT 1 0 0 -1 50.65999985 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 200 >> BDC BT 1 0 0 -1 53.65999985 51.10300064 Tm [(Press.)] TJ ET EMC /P <</MCID 201 >> BDC BT 1 0 0 -1 81.9960022 51.10300064 Tm /GS759 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 445.79998779 cm /P <</MCID 202 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 478 cm /P <</MCID 203 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS760 gs 0 g [(Lo,)] TJ ET EMC /P <</MCID 204 >> BDC BT 1 0 0 -1 16.32999992 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 205 >> BDC BT 1 0 0 -1 21.90099907 19.90299988 Tm [(A.W.)] TJ ET EMC /P <</MCID 206 >> BDC BT 1 0 0 -1 47.89300156 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 207 >> BDC BT 1 0 0 -1 53.4640007 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 208 >> BDC BT 1 0 0 -1 70.79000092 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 209 >> BDC BT 1 0 0 -1 76.36100006 19.90299988 Tm [(Repin,)] TJ ET EMC /P <</MCID 210 >> BDC BT 1 0 0 -1 108.02500153 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 211 >> BDC BT 1 0 0 -1 113.59600067 19.90299988 Tm [(D.V.,)] TJ ET EMC /P <</MCID 212 >> BDC BT 1 0 0 -1 139.92799377 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 213 >> BDC BT 1 0 0 -1 145.49899292 19.90299988 Tm [(2002.)] TJ ET EMC /P <</MCID 214 >> BDC BT 1 0 0 -1 172.49899292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 215 >> BDC BT 1 0 0 -1 178.07000732 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 216 >> BDC BT 1 0 0 -1 196.72599792 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 217 >> BDC BT 1 0 0 -1 202.29699707 19.90299988 Tm [(psychophysiology)] TJ ET EMC /P <</MCID 218 >> BDC BT 1 0 0 -1 289.63101196 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 219 >> BDC BT 1 0 0 -1 295.20199585 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 220 >> BDC BT 1 0 0 -1 305.19799805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 221 >> BDC BT 1 0 0 -1 310.76901245 19.90299988 Tm [(real-t)1(ime)] TJ ET EMC /P <</MCID 222 >> BDC BT 1 0 0 -1 354.07598877 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 223 >> BDC BT 1 0 0 -1 359.64700317 19.90299988 Tm [(financi)1(al)] TJ ET EMC /P <</MCID 224 >> BDC BT 1 0 0 -1 401.62399292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 225 >> BDC BT 1 0 0 -1 407.19500732 19.90299988 Tm [(risk)] TJ ET EMC /P <</MCID 226 >> BDC BT 1 0 0 -1 425.19500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 227 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(processing.)] TJ ET EMC /P <</MCID 228 >> BDC BT 1 0 0 -1 54.3219986 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 229 >> BDC BT 1 0 0 -1 57.3219986 51.10300064 Tm [(Journal)] TJ ET EMC /P <</MCID 230 >> BDC BT 1 0 0 -1 92.64800262 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 231 >> BDC BT 1 0 0 -1 95.64800262 51.10300064 Tm [(of)] TJ ET EMC /P <</MCID 232 >> BDC BT 1 0 0 -1 105.64399719 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 233 >> BDC BT 1 0 0 -1 108.64399719 51.10300064 Tm [(cogniti)1(ve)] TJ ET EMC /P <</MCID 234 >> BDC BT 1 0 0 -1 153.29800415 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 235 >> BDC BT 1 0 0 -1 156.29800415 51.10300064 Tm [(neuroscienc)1(e,)] TJ ET EMC /P <</MCID 236 >> BDC BT 1 0 0 -1 221.92900085 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 237 >> BDC BT 1 0 0 -1 224.92900085 51.10300064 Tm [(14\(3\),)] TJ ET EMC /P <</MCID 238 >> BDC BT 1 0 0 -1 253.92100525 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 239 >> BDC BT 1 0 0 -1 256.92098999 51.10300064 Tm [(pp.323-339.)] TJ ET EMC /P <</MCID 240 >> BDC BT 1 0 0 -1 314.91699219 51.10300064 Tm /GS761 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 541.40002441 cm /P <</MCID 241 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 573.59997559 cm /P <</MCID 242 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS762 gs 0 g [(Lo,)] TJ ET EMC /P <</MCID 243 >> BDC BT 1 0 0 -1 16.32999992 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 244 >> BDC BT 1 0 0 -1 20.19499969 19.90299988 Tm [(A.W.,)] TJ ET EMC /P <</MCID 245 >> BDC BT 1 0 0 -1 49.18700027 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 246 >> BDC BT 1 0 0 -1 53.05199814 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 247 >> BDC BT 1 0 0 -1 71.70800018 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 248 >> BDC BT 1 0 0 -1 75.57299805 19.90299988 Tm [(Adaptive)] TJ ET EMC /P <</MCID 249 >> BDC BT 1 0 0 -1 119.55899811 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 250 >> BDC BT 1 0 0 -1 123.4240036 19.90299988 Tm [(Markets)] TJ ET EMC /P <</MCID 251 >> BDC BT 1 0 0 -1 162.7460022 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 252 >> BDC BT 1 0 0 -1 166.61099243 19.90299988 Tm [(Hypothesis:)] TJ ET EMC /P <</MCID 253 >> BDC BT 1 0 0 -1 223.94500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 254 >> BDC BT 1 0 0 -1 227.80999756 19.90299988 Tm [(Market)] TJ ET EMC /P <</MCID 255 >> BDC BT 1 0 0 -1 262.46200562 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 256 >> BDC BT 1 0 0 -1 266.32699585 19.90299988 Tm [(Effici)1(ency)] TJ ET EMC /P <</MCID 257 >> BDC BT 1 0 0 -1 316.29598999 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 258 >> BDC BT 1 0 0 -1 320.16101074 19.90299988 Tm [(from)] TJ ET EMC /P <</MCID 259 >> BDC BT 1 0 0 -1 343.48699951 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 260 >> BDC BT 1 0 0 -1 347.35198975 19.90299988 Tm [(an)] TJ ET EMC /P <</MCID 261 >> BDC BT 1 0 0 -1 358.67800903 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 262 >> BDC BT 1 0 0 -1 362.54299927 19.90299988 Tm [(Evoluti)1(onary)] TJ ET EMC /P <</MCID 263 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 264 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Perspective)1(.)] TJ ET EMC /P <</MCID 265 >> BDC BT 1 0 0 -1 58.31200027 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 266 >> BDC BT 1 0 0 -1 61.31200027 51.10300064 Tm [(2004)] TJ ET EMC /P <</MCID 267 >> BDC BT 1 0 0 -1 85.31199646 51.10300064 Tm /GS763 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 637 cm /P <</MCID 268 >> BDC BT /FAAABG 12 Tf 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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1 0 0 -1 0 841.90002441 cm /Artifact <</Attached [/Top ] /BBox [85.05000305 773.96502686 510.25 799.35003662] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 42.54999924 cm -85.05000305 0 m 510.25 0 l 510.25 25.38500023 l -85.05000305 25.38500023 l h W n BT /FAAAAH 11 Tf 1 0 0 -1 145.53900146 10.27000046 Tm 0 g [(Registrat)1(ion Number:1603701)] TJ /GS764 gs 0 g [( )] TJ ET q 1 0 0 1 0 12.64900017 cm Q q /GS765 gs 0 G 0.75 w -1.45000005 25.01000023 m 426.6499939 25.01000023 l S Q Q EMC /Artifact <</Attached [/Bottom ] /BBox [85.05000305 49.60002136 510.25 71.57202148] /Type /Pagination >> BDC q 1 0 0 1 85.05000305 770.32800293 cm -85.05000305 0 m 510.25 0 l 510.25 21.97200012 l -85.05000305 21.97200012 l h W n BT /FAAABC 9 Tf 1 0 0 -1 208.03799438 8.56900024 Tm 0 g [(13)] TJ /GS766 gs 0 g [( )] TJ ET q 1 0 0 1 0 10.98600006 cm Q Q EMC q 1 0 0 1 85.05000305 85.05000305 cm /P <</MCID 0 >> BDC BT /FAAAAH 12 Tf 1 0 0 -1 0 19.90299988 Tm 0 g [(Lo,)] TJ ET EMC /P <</MCID 1 >> BDC BT 1 0 0 -1 16.32999992 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 2 >> BDC BT 1 0 0 -1 24.11700058 19.90299988 Tm [(A.W.,)] TJ ET EMC /P <</MCID 3 >> BDC BT 1 0 0 -1 53.10900116 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 4 >> BDC BT 1 0 0 -1 60.89599991 19.90299988 Tm [(2012.)] TJ ET EMC /P <</MCID 5 >> BDC BT 1 0 0 -1 87.89600372 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 6 >> BDC BT 1 0 0 -1 95.68299866 19.90299988 Tm [(Adaptive)] TJ ET EMC /P <</MCID 7 >> BDC BT 1 0 0 -1 139.66900635 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 8 >> BDC BT 1 0 0 -1 147.45599365 19.90299988 Tm [(Markets)] TJ ET EMC /P <</MCID 9 >> BDC BT 1 0 0 -1 186.77799988 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 10 >> BDC BT 1 0 0 -1 194.56500244 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 11 >> BDC BT 1 0 0 -1 211.89100647 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 12 >> BDC BT 1 0 0 -1 219.67799377 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 13 >> BDC BT 1 0 0 -1 234.33799744 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 14 >> BDC BT 1 0 0 -1 242.125 19.90299988 Tm [(New)] TJ ET EMC /P <</MCID 15 >> BDC BT 1 0 0 -1 264.7829895 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 16 >> BDC BT 1 0 0 -1 272.57000732 19.90299988 Tm [(World)] TJ ET EMC /P <</MCID 17 >> BDC BT 1 0 0 -1 303.22601318 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 18 >> BDC BT 1 0 0 -1 311.01300049 19.90299988 Tm [(Order)] TJ ET EMC /P <</MCID 19 >> BDC BT 1 0 0 -1 338.99700928 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 20 >> BDC BT 1 0 0 -1 346.78399658 19.90299988 Tm [(\(correct)1(ed)] TJ ET EMC /P <</MCID 21 >> BDC BT 1 0 0 -1 395.41101074 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 22 >> BDC BT 1 0 0 -1 403.19799805 19.90299988 Tm [(May)] TJ ET EMC /P <</MCID 23 >> BDC BT 1 0 0 -1 425.19400024 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 24 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(2012\).)] TJ ET EMC /P <</MCID 25 >> BDC BT 1 0 0 -1 30.99600029 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 26 >> BDC BT 1 0 0 -1 33.99599838 51.10300064 Tm [(Financia)1(l)] TJ ET EMC /P <</MCID 27 >> BDC BT 1 0 0 -1 78.65000153 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 28 >> BDC BT 1 0 0 -1 81.65000153 51.10300064 Tm [(Analysts)] TJ ET EMC /P <</MCID 29 >> BDC BT 1 0 0 -1 123.65000153 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 30 >> BDC BT 1 0 0 -1 126.65000153 51.10300064 Tm [(Journal,)] TJ ET EMC /P <</MCID 31 >> BDC BT 1 0 0 -1 164.97599792 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 32 >> BDC BT 1 0 0 -1 167.97599792 51.10300064 Tm [(68\(2\),)] TJ ET EMC /P <</MCID 33 >> BDC BT 1 0 0 -1 196.96800232 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 34 >> BDC BT 1 0 0 -1 199.96800232 51.10300064 Tm [(pp.18-29.)] TJ ET EMC /P <</MCID 35 >> BDC BT 1 0 0 -1 245.96400452 51.10300064 Tm /GS767 gs 0 g [( )] TJ ET EMC q 1 0 0 1 0 63.40000153 cm /P <</MCID 36 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 95.59999847 cm /P <</MCID 37 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS768 gs 0 g [(Malkiel)1(,)] TJ ET EMC /P <</MCID 38 >> BDC BT 1 0 0 -1 40.32400131 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 39 >> BDC BT 1 0 0 -1 45.86600113 19.90299988 Tm [(B.G.,)] TJ ET EMC /P <</MCID 40 >> BDC BT 1 0 0 -1 71.53600311 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 41 >> BDC BT 1 0 0 -1 77.07800293 19.90299988 Tm [(2003.)] TJ ET EMC /P <</MCID 42 >> BDC BT 1 0 0 -1 104.07800293 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 43 >> BDC BT 1 0 0 -1 109.62000275 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 44 >> BDC BT 1 0 0 -1 128.27600098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 45 >> BDC BT 1 0 0 -1 133.81799316 19.90299988 Tm [(effici)1(ent)] TJ ET EMC /P <</MCID 46 >> BDC BT 1 0 0 -1 173.79100037 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 47 >> BDC BT 1 0 0 -1 179.33299255 19.90299988 Tm [(market)] TJ ET EMC /P <</MCID 48 >> BDC BT 1 0 0 -1 212.64900208 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 49 >> BDC BT 1 0 0 -1 218.19099426 19.90299988 Tm [(hypothesis)] TJ ET EMC /P <</MCID 50 >> BDC BT 1 0 0 -1 269.5249939 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 51 >> BDC BT 1 0 0 -1 275.06698608 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 52 >> BDC BT 1 0 0 -1 292.39300537 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 53 >> BDC BT 1 0 0 -1 297.93499756 19.90299988 Tm [(its)] TJ ET EMC /P <</MCID 54 >> BDC BT 1 0 0 -1 309.27301025 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 55 >> BDC BT 1 0 0 -1 314.81500244 19.90299988 Tm [(criti)1(cs.)] TJ ET EMC /P <</MCID 56 >> BDC BT 1 0 0 -1 347.13500977 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 57 >> BDC BT 1 0 0 -1 350.13500977 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 58 >> BDC BT 1 0 0 -1 368.79098511 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 59 >> BDC BT 1 0 0 -1 374.33300781 19.90299988 Tm [(Journal)] TJ ET EMC /P <</MCID 60 >> BDC BT 1 0 0 -1 409.65899658 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 61 >> BDC BT 1 0 0 -1 415.20098877 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 62 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 63 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Economi)1(c)] TJ ET EMC /P <</MCID 64 >> BDC BT 1 0 0 -1 48.65000153 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 65 >> BDC BT 1 0 0 -1 51.65000153 51.10300064 Tm [(Perspective)1(s)-1(,)] TJ ET EMC /P <</MCID 66 >> BDC BT 1 0 0 -1 114.63200378 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 67 >> BDC BT 1 0 0 -1 117.63200378 51.10300064 Tm [(17\(1\),)] TJ ET EMC /P <</MCID 68 >> BDC BT 1 0 0 -1 146.62399292 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 69 >> BDC BT 1 0 0 -1 149.62399292 51.10300064 Tm [(pp.59-82.)] TJ ET EMC /P <</MCID 70 >> BDC BT 1 0 0 -1 195.61999512 51.10300064 Tm /GS769 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 159 cm /P <</MCID 71 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 191.19999695 cm /P <</MCID 72 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS770 gs 0 g [(Rolls,)] TJ ET EMC /P <</MCID 73 >> BDC BT 1 0 0 -1 28.34199905 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 74 >> BDC BT 1 0 0 -1 34.33800125 19.90299988 Tm [(E.T.,)] TJ ET EMC /P <</MCID 75 >> BDC BT 1 0 0 -1 57.9980011 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 76 >> BDC BT 1 0 0 -1 63.99399948 19.90299988 Tm [(2000.)] TJ ET EMC /P <</MCID 77 >> BDC BT 1 0 0 -1 90.9940033 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 78 >> BDC BT 1 0 0 -1 96.98999786 19.90299988 Tm [(On)] TJ ET EMC /P <</MCID 79 >> BDC BT 1 0 0 -1 111.65599823 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 80 >> BDC BT 1 0 0 -1 117.65200043 19.90299988 Tm [(the)] TJ ET EMC /P <</MCID 81 >> BDC BT 1 0 0 -1 132.31199646 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 82 >> BDC BT 1 0 0 -1 138.30799866 19.90299988 Tm [(brain)] TJ ET EMC /P <</MCID 83 >> BDC BT 1 0 0 -1 162.96400452 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 84 >> BDC BT 1 0 0 -1 168.96000671 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 85 >> BDC BT 1 0 0 -1 186.28599548 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 86 >> BDC BT 1 0 0 -1 192.28199768 19.90299988 Tm [(emoti)1(on.)] TJ ET EMC /P <</MCID 87 >> BDC BT 1 0 0 -1 234.61000061 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 88 >> BDC BT 1 0 0 -1 237.61000061 19.90299988 Tm [(Behaviora)1(l)] TJ ET EMC /P <</MCID 89 >> BDC BT 1 0 0 -1 290.25601196 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 90 >> BDC BT 1 0 0 -1 296.25201416 19.90299988 Tm [(and)] TJ ET EMC /P <</MCID 91 >> BDC BT 1 0 0 -1 313.57800293 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 92 >> BDC BT 1 0 0 -1 319.57400513 19.90299988 Tm [(brain)] TJ ET EMC /P <</MCID 93 >> BDC BT 1 0 0 -1 344.23001099 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 94 >> BDC BT 1 0 0 -1 350.22601318 19.90299988 Tm [(science)1(s)-1(,)] TJ ET EMC /P <</MCID 95 >> BDC BT 1 0 0 -1 393.20498657 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 96 >> BDC BT 1 0 0 -1 396.20498657 19.90299988 Tm [(23\(2\),)] TJ ET EMC /P <</MCID 97 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 98 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(pp.219-228.)] TJ ET EMC /P <</MCID 99 >> BDC BT 1 0 0 -1 57.99599838 51.10300064 Tm /GS771 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 254.6000061 cm /P <</MCID 100 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 286.79998779 cm /P <</MCID 101 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS772 gs 0 g [(Samuelson,)] TJ ET EMC /P <</MCID 102 >> BDC BT 1 0 0 -1 55.66400146 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 103 >> BDC BT 1 0 0 -1 59.17699814 19.90299988 Tm [(P.A.,)] TJ ET EMC /P <</MCID 104 >> BDC BT 1 0 0 -1 83.51699829 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 105 >> BDC BT 1 0 0 -1 87.02999878 19.90299988 Tm [(1965.)] TJ ET EMC /P <</MCID 106 >> BDC BT 1 0 0 -1 114.02999878 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 107 >> BDC BT 1 0 0 -1 117.54299927 19.90299988 Tm [(Proof)] TJ ET EMC /P <</MCID 108 >> BDC BT 1 0 0 -1 144.20899963 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 109 >> BDC BT 1 0 0 -1 147.72200012 19.90299988 Tm [(that)] TJ ET EMC /P <</MCID 110 >> BDC BT 1 0 0 -1 165.71600342 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 111 >> BDC BT 1 0 0 -1 169.22900391 19.90299988 Tm [(properly)] TJ ET EMC /P <</MCID 112 >> BDC BT 1 0 0 -1 209.8809967 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 113 >> BDC BT 1 0 0 -1 213.39399719 19.90299988 Tm [(antic)1(ipated)] TJ ET EMC /P <</MCID 114 >> BDC BT 1 0 0 -1 266.03500366 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 115 >> BDC BT 1 0 0 -1 269.54800415 19.90299988 Tm [(prices)] TJ ET EMC /P <</MCID 116 >> BDC BT 1 0 0 -1 298.20001221 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 117 >> BDC BT 1 0 0 -1 301.7130127 19.90299988 Tm [(fluctua)1(te)] TJ ET EMC /P <</MCID 118 >> BDC BT 1 0 0 -1 343.69000244 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 119 >> BDC BT 1 0 0 -1 347.20300293 19.90299988 Tm [(randomly.)] TJ ET EMC /P <</MCID 120 >> BDC BT 1 0 0 -1 396.19299316 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 121 >> BDC BT 1 0 0 -1 399.19299316 19.90299988 Tm [(IMR;)] TJ ET EMC /P <</MCID 122 >> BDC BT 1 0 0 -1 425.19699097 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 123 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Industrial)] TJ ET EMC /P <</MCID 124 >> BDC BT 1 0 0 -1 45.99000168 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 125 >> BDC BT 1 0 0 -1 48.99000168 51.10300064 Tm [(Manageme)1(nt)] TJ ET EMC /P <</MCID 126 >> BDC BT 1 0 0 -1 111.63300323 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 127 >> BDC BT 1 0 0 -1 114.63300323 51.10300064 Tm [(Review)] TJ ET EMC /P <</MCID 128 >> BDC BT 1 0 0 -1 151.28900146 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 129 >> BDC BT 1 0 0 -1 154.28900146 51.10300064 Tm [(\(pre-1986\),)] TJ ET EMC /P <</MCID 130 >> BDC BT 1 0 0 -1 208.6000061 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 131 >> BDC BT 1 0 0 -1 211.6000061 51.10300064 Tm [(6\(2\),)] TJ ET EMC /P <</MCID 132 >> BDC BT 1 0 0 -1 234.59199524 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 133 >> BDC BT 1 0 0 -1 237.59199524 51.10300064 Tm [(p.41.)] TJ ET EMC /P <</MCID 134 >> BDC BT 1 0 0 -1 261.5920105 51.10300064 Tm /GS773 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 350.20001221 cm /P <</MCID 135 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 382.3999939 cm /P <</MCID 136 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS774 gs 0 g [(Simon,)] TJ ET EMC /P <</MCID 137 >> BDC BT 1 0 0 -1 34.34199905 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 138 >> BDC BT 1 0 0 -1 39.64300156 19.90299988 Tm [(H.A.,)] TJ ET EMC /P <</MCID 139 >> BDC BT 1 0 0 -1 65.97499847 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 140 >> BDC BT 1 0 0 -1 71.27600098 19.90299988 Tm [(1955.)] TJ ET EMC /P <</MCID 141 >> BDC BT 1 0 0 -1 98.27600098 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 142 >> BDC BT 1 0 0 -1 103.57700348 19.90299988 Tm [(A)] TJ ET EMC /P <</MCID 143 >> BDC BT 1 0 0 -1 112.24299622 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 144 >> BDC BT 1 0 0 -1 117.54399872 19.90299988 Tm [(behaviora)1(l)] TJ ET EMC /P <</MCID 145 >> BDC BT 1 0 0 -1 168.18699646 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 146 >> BDC BT 1 0 0 -1 173.48800659 19.90299988 Tm [(model)] TJ ET EMC /P <</MCID 147 >> BDC BT 1 0 0 -1 203.48199463 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 148 >> BDC BT 1 0 0 -1 208.78300476 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 149 >> BDC BT 1 0 0 -1 218.77900696 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 150 >> BDC BT 1 0 0 -1 224.08000183 19.90299988 Tm [(rationa)1(l)] TJ ET EMC /P <</MCID 151 >> BDC BT 1 0 0 -1 260.73001099 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 152 >> BDC BT 1 0 0 -1 266.03100586 19.90299988 Tm [(choice)1(.)] TJ ET EMC /P <</MCID 153 >> BDC BT 1 0 0 -1 300.34298706 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 154 >> BDC BT 1 0 0 -1 303.34298706 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 155 >> BDC BT 1 0 0 -1 321.99899292 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 156 >> BDC BT 1 0 0 -1 327.29998779 19.90299988 Tm [(quarterl)1(y)] TJ ET EMC /P <</MCID 157 >> BDC BT 1 0 0 -1 370.61199951 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 158 >> BDC BT 1 0 0 -1 375.91299438 19.90299988 Tm [(journal)] TJ ET EMC /P <</MCID 159 >> BDC BT 1 0 0 -1 409.90301514 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 160 >> BDC BT 1 0 0 -1 415.20401001 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 161 >> BDC BT 1 0 0 -1 425.20001221 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 162 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(economi)1(cs,)] TJ ET EMC /P <</MCID 163 >> BDC BT 1 0 0 -1 54.31600189 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 164 >> BDC BT 1 0 0 -1 57.31600189 51.10300064 Tm [(69\(1\),)] TJ ET EMC /P <</MCID 165 >> BDC BT 1 0 0 -1 86.30799866 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 166 >> BDC BT 1 0 0 -1 89.30799866 51.10300064 Tm [(pp.99-118.)] TJ ET EMC /P <</MCID 167 >> BDC BT 1 0 0 -1 141.30400085 51.10300064 Tm /GS775 gs 0 g [( )] TJ ET EMC Q q 1 0 0 1 0 445.79998779 cm /P <</MCID 168 >> BDC BT 1 0 0 -1 0 19.90299988 Tm [( )] TJ ET EMC Q q 1 0 0 1 0 478 cm /P <</MCID 169 >> BDC BT 1 0 0 -1 0 19.90299988 Tm /GS776 gs 0 g [(Thale)1(r,)] TJ ET EMC /P <</MCID 170 >> BDC BT 1 0 0 -1 34.31200027 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 171 >> BDC BT 1 0 0 -1 43.31000137 19.90299988 Tm [(R.H.,)] TJ ET EMC /P <</MCID 172 >> BDC BT 1 0 0 -1 68.98000336 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 173 >> BDC BT 1 0 0 -1 77.97799683 19.90299988 Tm [(1987.)] TJ ET EMC /P <</MCID 174 >> BDC BT 1 0 0 -1 104.97799683 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 175 >> BDC BT 1 0 0 -1 113.97599792 19.90299988 Tm [(Anomalie)1(s)-1(:)] TJ ET EMC /P <</MCID 176 >> BDC BT 1 0 0 -1 169.30000305 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 177 >> BDC BT 1 0 0 -1 178.29800415 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 178 >> BDC BT 1 0 0 -1 196.95399475 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 179 >> BDC BT 1 0 0 -1 205.95199585 19.90299988 Tm [(January)] TJ ET EMC /P <</MCID 180 >> BDC BT 1 0 0 -1 243.27000427 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 181 >> BDC BT 1 0 0 -1 252.26800537 19.90299988 Tm [(effect)1(.)] TJ ET EMC /P <</MCID 182 >> BDC BT 1 0 0 -1 282.57299805 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 183 >> BDC BT 1 0 0 -1 285.57299805 19.90299988 Tm [(The)] TJ ET EMC /P <</MCID 184 >> BDC BT 1 0 0 -1 304.22900391 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 185 >> BDC BT 1 0 0 -1 313.22698975 19.90299988 Tm [(Journal)] TJ ET EMC /P <</MCID 186 >> BDC BT 1 0 0 -1 348.55300903 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 187 >> BDC BT 1 0 0 -1 357.55099487 19.90299988 Tm [(of)] TJ ET EMC /P <</MCID 188 >> BDC BT 1 0 0 -1 367.54699707 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 189 >> BDC BT 1 0 0 -1 376.54501343 19.90299988 Tm [(Economi)1(c)] TJ ET EMC /P <</MCID 190 >> BDC BT 1 0 0 -1 425.19500732 19.90299988 Tm [( )] TJ ET EMC /P <</MCID 191 >> BDC BT 1 0 0 -1 0 51.10300064 Tm [(Perspective)1(s)-1(,)] TJ ET EMC /P <</MCID 192 >> BDC BT 1 0 0 -1 62.98199844 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 193 >> BDC BT 1 0 0 -1 65.98200226 51.10300064 Tm [(1\(1\),)] TJ ET EMC /P <</MCID 194 >> BDC BT 1 0 0 -1 88.97399902 51.10300064 Tm [( )] TJ ET EMC /P <</MCID 195 >> BDC BT 1 0 0 -1 91.97399902 51.10300064 Tm [(pp.197-201.)] TJ ET EMC Q Q 1 0 0 -1 0 841.90002441 cm 
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endobj
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endobj
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endobj
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endobj
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endobj
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endobj
912 0 obj
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endobj
913 0 obj
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