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We derive the performance limits of a radio system consisting of a transmitter with t antennas and a receiver with r antennas, a block-fading channel with additive white Gaussian noise (AWGN), delay and transmit-power constraints, and perfect channel-state information available at both the transmitter and the receiver. Because of a delay constraint, the transmission of a codeword is assumed to span a finite (and typically small) number M of independent channel realizations; therefore, the relevant performance limits are the information outage probability and the "delay-limited" (or "nonergodic") capacity. We derive the coding scheme that minimizes the information outage probability. This scheme can be interpreted as the concatenation of an optimal code for the AWGN channel without fading to an optimal beamformer. For this optimal scheme, we evaluate minimum-outage probability and delay-limited capacity …