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.

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Answer 1

Speculative risk refers to a category of risk that results in an uncertain degree of gain or loss.