Question

​​What is speculative risk? (1 point) Responses gain or increase in money and assets. gain or increase in money and assets. a category of risk that results in an uncertain degree of gain or loss. a category of risk that results in an uncertain degree of gain or loss. a formula that measures profit and loss. a formula that measures profit and loss. loss of money or decrease in value.

Answer 1

Speculative risk is best defined as **a category of risk that results in an uncertain degree of gain or loss.**