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It is nearly impossible to precisely define the term 'speculation'. While Investment and Speculation are somewhat different, they are quite similar to certain extent because

It is nearly impossible to precisely define the term 'speculation'. While Investment and

Speculation are somewhat different, they are quite similar to certain extent because

speculation requires an investment and investments are somewhat speculative. Discuss

how Investment is different from Speculation to the best of your understanding and

knowledge. (20 marks)

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