Question

Question

​​What is speculative risk?

(1 point)
Responses

loss of money or decrease in value.
loss of money or decrease in value.

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.

gain or increase in money and assets.
gain or increase in money and assets.

a formula that measures profit and loss.

Answer 1

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