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# In the 18th and 19th centuries, it was believed in many

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In the 18th and 19th centuries, it was believed in many [#permalink]

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11 Mar 2010, 19:04
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In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
[Reveal] Spoiler: OA

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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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04 May 2013, 23:02
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vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.

KEY is: the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce ==> New residential buildings should be built on the waterfront that used to be industry and commerce districts.

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
Wrong. Out of scope.

2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
Correct. A developer can make profit ONLY IF customers are willing to pay for properties used to be industrial or commercial districts. If Customers are not willing to pay, a developer's plan will fail.

3]Many urban waterfront lots are available for purchase.
Wrong. Shell game. What if there are many available lots but nobody wants to buy?

4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
Wrong. Out of scope.

5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
Wrong. Out of scope

Hope it helps.
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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05 Apr 2014, 16:36
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I'm still not convinced between B and D and from the above posts, I'm not alone in this respect. I learned CR based off PowerScore, so this is a 'Strengthen' question, right? Thus, the answer choices are assumed so it doesn't matter that tax incentives aren't mentioned in the passage. We simply need to identify an answer that strengthens the conclusion, which is: A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

I can see how B is correct, but I already see this mentioned in the passage. IE, "as evidenced by the large sums paid for homes along the beach front." So, since large sums have been paid, they were clearly willing to pay the large sums (unless they were forced).

In terms of D, tax incentives lead to a higher profit, which strengthens the argument in my opinion.
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In the 18th and 19th centuries, it was believed in many [#permalink]

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17 Dec 2015, 12:51
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vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.

I've encountered this questions in the second MGMAT CAT. The correct answer here is just restating the portion stated in the question stem (see the hghlited part above)
As many say here that the Info from (D) is not earlier stated in the text and thus (D) is incorrect - I don't agree here, it's a strengthen question, so you can not discard an answer choice because of the new information, actually by this type of questions you have almost always new information that supports the conlusion somehow. It's NOT an Assumption question or "Must be True" Question, in which you can not use new information, which has not be already stated earlier in the text. I don't think that this question resembles the intended logic (real GMAT).
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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01 Jul 2016, 10:01
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I was torn between B and D both are not satisfying.

Just because homeowners are willing to pay large sum does not equate to large profits as the costs could equally as large. This derives from the equation Profit = Revenue - Costs

On the other hand, D is not out of scope. Tax incentives would drive the cost lower and given that in the passage that ', as evidenced by the large sums paid for homes along the beach front. ' it can be deduced that there will be equal amounts of revenue.

If someone can explain the flaw in my thinking, please let me know.
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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11 Mar 2010, 19:52
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vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries. - more money, relatively speaking, not discussed in the stimulus.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts. - goes hand-in-hand with the statement - "waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front."
3]Many urban waterfront lots are available for purchase. - we don't know about this, we only know that it is industrial and commercial space.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives. - tax incentives are not discussed, careful not to assume.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront. - weakens actually, if interior spaces are more expensive, real estate developers won't be looking at waterfront properties.

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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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12 Mar 2010, 07:09
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my pick is (B)

In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

a)People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
>>> This does not effect property developers profit

b)Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
>>> Since homeowners are willing to spend large sums on residential properties in industrial district, it is likely that developers will make profits by making buildings on those properties because as per the premise waterfront properties were taken by industry and commerce

c)Many urban waterfront lots are available for purchase.
>>> This does not effect property developers profit

d)Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
>>> Tax incentives are no where mentioned in premise

e)Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
>>> out of scope
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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29 May 2010, 10:38
My take is C. What is the OA?
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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29 May 2010, 20:31
OA is B, it is from OG, if i am not mistaken...
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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05 May 2013, 00:25
pqhai wrote:
vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.

KEY is: the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce ==> New residential buildings should be built on the waterfront that used to be industry and commerce districts.

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
Wrong. Out of scope.

2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
Correct. A developer can make profit ONLY IF customers are willing to pay for properties used to be industrial or commercial districts. If Customers are not willing to pay, a developer's plan will fail.

3]Many urban waterfront lots are available for purchase.
Wrong. Shell game. What if there are many available lots but nobody wants to buy?

4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
Wrong. Out of scope.

5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
Wrong. Out of scope

Hope it helps.

The conclusion is :A developer who wishes to make a large profit invests in waterfront.

So our strengthening argument must be supporting this statement. My pick is D.

It is telling that the agents will make more money out of the deal'
as far the B is concerned : it is just restating the premise :Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front.

and please post the OA and OE.

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After all, KUDOS is a great way to encourage the complete community.
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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29 Sep 2013, 11:46
pqhai wrote:
vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.

KEY is: the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce ==> New residential buildings should be built on the waterfront that used to be industry and commerce districts.

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
Wrong. Out of scope.

2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
Correct. A developer can make profit ONLY IF customers are willing to pay for properties used to be industrial or commercial districts. If Customers are not willing to pay, a developer's plan will fail.

3]Many urban waterfront lots are available for purchase.
Wrong. Shell game. What if there are many available lots but nobody wants to buy?

4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
Wrong. Out of scope.

5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
Wrong. Out of scope

Hope it helps.

You know... I picked B first but then I thought how they talked about making a large profit as a conclusion based on the evidence that large sums were being paid, so I thought that we needed to find an option that would not make costs increase or at least be stable so that we could conclude that, so the only option that seemed to fit was D....

I've seen the Revenues-Profit trick a couple of times, I its pretty common on CR passages especially 700-800

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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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30 Sep 2013, 00:28
Hi, This tread is awesome for me....Thanks...
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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17 Nov 2014, 02:32
I agree with B not being the best answer. Since this question is not from OG, I am just gonna categorize it as a badly design question...
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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17 Nov 2014, 05:08
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

Conc.: To make large profits, a developer should buy WF (earlier for industrial and commerce use) and erect RB on them.
Few assumptions can be:
1. If no such WFs are available for purchase or
2. WFs are available but no purchaser or
3. Purchaser/developer is available but no buyer of build residential properties or
4. Buyers are available but they are not willing to buy RB on earlier used-to-be-industrial/commercial places.

A] People today have more money, relatively speaking, to spend on real estate than they did in previous centuries - OFS
B] Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts - Correct. Buyers are available and they are willing to spend on erstwhile ind./comm. properties
C] Many urban waterfront lots are available for purchase - Go with one of assumptions but Option B is more strong as what if lots are available for purchase but no buyer is available ? Hence wrong.
D] Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives - Question talks about profits. What if developer erect property because of great tax-incentive but could not find any buyer for this property ? He will suffer losses.
E] Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront - OFS

Give Kudo if you find my explanation useful......
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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13 Apr 2015, 23:36
dinesh86 wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

Conc.: To make large profits, a developer should buy WF (earlier for industrial and commerce use) and erect RB on them.
Few assumptions can be:
1. If no such WFs are available for purchase or
2. WFs are available but no purchaser or
3. Purchaser/developer is available but no buyer of build residential properties or
4. Buyers are available but they are not willing to buy RB on earlier used-to-be-industrial/commercial places.

A] People today have more money, relatively speaking, to spend on real estate than they did in previous centuries - OFS
B] Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts - Correct. Buyers are available and they are willing to spend on erstwhile ind./comm. properties
C] Many urban waterfront lots are available for purchase - Go with one of assumptions but Option B is more strong as what if lots are available for purchase but no buyer is available ? Hence wrong.
D] Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives - Question talks about profits. What if developer erect property because of great tax-incentive but could not find any buyer for this property ? He will suffer losses.
E] Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront - OFS

Give Kudo if you find my explanation useful......

Hi Dinesh

As you explained in the option D, if buyers are not available for beach properties but as the argument clearly stated that these days people are paying large sums for beach properties. So this is evident from the passage and this option can also have fair chance of winning.
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In the 18th and 19th centuries, it was believed in many [#permalink]

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28 Apr 2015, 21:03
bekerman wrote:
I'm still not convinced between B and D and from the above posts, I'm not alone in this respect. I learned CR based off PowerScore, so this is a 'Strengthen' question, right? Thus, the answer choices are assumed so it doesn't matter that tax incentives aren't mentioned in the passage. We simply need to identify an answer that strengthens the conclusion, which is: A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

I can see how B is correct, but I already see this mentioned in the passage. IE, "as evidenced by the large sums paid for homes along the beach front." So, since large sums have been paid, they were clearly willing to pay the large sums (unless they were forced).

In terms of D, tax incentives lead to a higher profit, which strengthens the argument in my opinion.

Exactly! B) looked obvious from the question stem : since people were ready to pay large sums, they were clearly willing to buy it!

Experts , explanation needed ! mikemcgarry, can you help us here?

Also can anyone explain why is E) wrong?
If the developer wants large profit and people are ready to pay huge sums then its important that the plots cost him less as well right? Isn't that the gap in the argument?
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Re: In the 18th and 19th centuries, it was believed in many [#permalink]

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11 Nov 2015, 07:01
pqhai wrote:
vscid wrote:
In the 18th and 19th centuries, it was believed in many coastal American cities that the waterfront was an undesirable location for residential buildings. As a result, much of the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce. Today, however, waterfront properties are generally seen as prestigious, as evidenced by the large sums paid for homes along the beach front. A developer who wishes to make a large profit would be wise to buy urban waterfront lots and erect residential buildings on them.

Which of the following, if true, most strongly supports the claim made about urban waterfront properties?

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
3]Many urban waterfront lots are available for purchase.
4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.

KEY is: the waterfront in these cities was never developed aesthetically and instead was left to industry and commerce ==> New residential buildings should be built on the waterfront that used to be industry and commerce districts.

1]People today have more money, relatively speaking, to spend on real estate than they did in previous centuries.
Wrong. Out of scope.

2]Homeowners will be willing to spend large sums on residential properties in traditionally industrial or commercial districts.
Correct. A developer can make profit ONLY IF customers are willing to pay for properties used to be industrial or commercial districts. If Customers are not willing to pay, a developer's plan will fail.

3]Many urban waterfront lots are available for purchase.
Wrong. Shell game. What if there are many available lots but nobody wants to buy?

4]Many coastal American cities are encouraging developers to rehabilitate the waterfront through tax incentives.
Wrong. Out of scope.

5]Properties in interior residential districts in coastal American cities are significantly more expensive than those along the waterfront.
Wrong. Out of scope

Hope it helps.

Hi pqhai
I have a query. In option B, what if the "traditionally industrial or commercial districts" not necessarily refers to "Urban waterfront properties". No where in the options it states that ONLY "waterfront properties" are marked as "traditionally industrial or commercial districts".
That's why I marked C, which states that properties lot are available as earlier it was not developed.

Any thoughts???

Thanks,
Chanakya
Re: In the 18th and 19th centuries, it was believed in many   [#permalink] 11 Nov 2015, 07:01
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