Question

What is speculative risk?


(1 point)
Responses

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.
loss of money or decrease in value.

gain or increase in money and assets.

Answer 1

a — a category of risk that results in an uncertain degree of gain or loss.