
1) Hazard of a sort
Found on
https://www.crosswordclues.com/clue/calculated-risk

Calculated Risk is a finance and economics blog. It was started in early 2005 by former technology executive Bill McBride (pseudonym Calculated Risk), with frequent posts by Doris Dungey (under the pseudonym Tanta) until her death on November 30, 2008 from ovarian cancer. As an early predictor of the United States housing bubble, Calculated Risk d...
Found on
http://en.wikipedia.org/wiki/Calculated_Risk

(from the article `Clark, Mark`) ...after an armistice was signed (July 1953); he retired from the army the same year. Clark served as president of The Citadel, a military college in ...
Found on
http://www.britannica.com/eb/a-z/c/6

A risk which has been undertaken after careful consideration has been given to the likely outcome
Found on
http://www.encyclo.co.uk/local/22643
No exact match found.