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. gain or increase in money and assets. gain or increase in money and assets. loss of money or decrease in value.

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

Speculative risk refers to a category of risk that results in an uncertain degree of gain or loss. It is characterized by the possibility of experiencing both profit and loss, without a known or guaranteed outcome. For example, investing in stocks or engaging in speculative ventures carry speculative risks. Now, to determine the answer, you can look at the given responses and note that the option "a category of risk that results in an uncertain degree of gain or loss" is mentioned twice, making it a repeated answer. Hence, you can confidently select that option as the correct one.

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