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Nelson is faced with a conundrum as a hedge fund manager. He could choose to invest a new clients wealth in a fairly new and

Nelson is faced with a conundrum as a hedge fund manager. He could choose to invest a new clients wealth in a fairly new and conservative opportunity, but this option has no track record that can be relied on. On the other hand, he could invest it in a copper mine that is seeking capital to expand its infrastructure as there may be a boom in this industry in the near future. From the scenario provided, which key concepts are present? (Exercise caution when answering this question as multiple responses may be correct.)

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