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Which of the following is sensitive to extreme values?
Discretionary Investment Power
The authority granted to manage and make investment decisions on behalf of someone else, typically within specified parameters.
Conservative Debt Securities
Investments in fixed-income securities that are considered low risk, typically issued by government entities or stable corporations.
Prudent Person
A legal standard used to represent the hypothetical individual who exercises average care, skill, and judgment in decision-making, serving as a comparative standard in legal and financial fields.
Discretionary Investment Power
The authority given to a person or entity to make investment decisions on behalf of another without needing express consent for each decision.
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