%DVLFVHWWLQJSDUDPHWHUV>3U3$BB@
*DLQILOWHUVHWWLQJSDUDPHWHUV>3U3%BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3&BB@
,2VHWWLQJSDUDPHWHUV>3U3'BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3(BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3)BB@
'HWDLOHGOLVWRISDUDPHWHUV
%DVLFVHWWLQJSDUDPHWHUV>3U3$BB@
*DLQILOWHUVHWWLQJSDUDPHWHUV>3U3%BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3&BB@
,2VHWWLQJSDUDPHWHUV>3U3'BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3(BB@
([WHQVLRQVHWWLQJSDUDPHWHUV>3U3)BB@
1250$/*$,1$'-8670(17 WR
'LIIHUHQWDGMXVWPHQWPHWKRGV
$GMXVWPHQWRQDVLQJOHVHUYRDPSOLILHU
$GMXVWPHQWXVLQJ05&RQILJXUDWRU
2QHWRXFKWXQLQJ
2QHWRXFKWXQLQJIORZFKDUW
'LVSOD\WUDQVLWLRQDQGRSHUDWLRQSURFHGXUHRIRQHWRXFKWXQLQJ
&DXWLRQIRURQHWRXFKWXQLQJ
$XWRWXQLQJ
$XWRWXQLQJPRGH
$XWRWXQLQJPRGHEDVLV
$GMXVWPHQWSURFHGXUHE\DXWRWXQLQJ
5HVSRQVHOHYHOVHWWLQJLQDXWRWXQLQJPRGH
0DQXDOPRGH
JDLQDGMXVWPHQWPRGH
63(&,$/$'-8670(17)81&7,216 WR
)LOWHUVHWWLQJ
0DFKLQHUHVRQDQFHVXSSUHVVLRQILOWHU
$GDSWLYHILOWHU,,
6KDIWUHVRQDQFHVXSSUHVVLRQILOWHU
/RZSDVVILOWHU
$GYDQFHGYLEUDWLRQVXSSUHVVLRQFRQWURO,,
&RPPDQGQRWFKILOWHU
*DLQVZLWFKLQJIXQFWLRQ
$SSOLFDWLRQV
)XQFWLRQEORFNGLDJUDP
3DUDPHWHU
*DLQVZLWFKLQJSURFHGXUH
7RXJKGULYHIXQFWLRQ
9LEUDWLRQWRXJKGULYHIXQFWLRQ
,QVWDQWDQHRXVSRZHUIDLOXUHWRXJKGULYHIXQFWLRQ
7528%/(6+227,1* WR