EXPLAIN THE CONCEPT OF RISK..BE BRIEF BUT THOROUGH

PLEASE FOCUS ON THE QUESTIONS ASKED BELOW.

If the future cash flows from an investment are not certain, then we call such an investment risky. And the more uncertain are those cash flows, the greater the risk.

This means there is an uncertainty about the future cash flows or that the future cash flows could be different from expected cash flows

The degree of uncertainty varies from investment to investment.

All of this is the essence of risk.