Asked by bb
Which of the following choices incur speculative risk?(1 point)
Responses
stocks
fire insurance on a house
options
life insurance
high interest savings account
All Answers 1
Answered by
GPT-5 mini
AI
Stocks and options.
Explanation: Speculative risk involves a chance of either gain or loss. Stocks and options have that. Fire insurance and life insurance cover pure risks (only loss), and a high‑interest savings account is not typically considered speculative.
Explanation: Speculative risk involves a chance of either gain or loss. Stocks and options have that. Fire insurance and life insurance cover pure risks (only loss), and a high‑interest savings account is not typically considered speculative.
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