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An irregularity on the face of an instrument that calls into question its validity or ownership, thereby barring HDC status, occurs when
Higher Risk
Refers to situations or investments that are more likely to result in loss or have a greater variability of returns.
Efficient Markets Hypothesis
The theory that asset prices reflect all publicly available information about the value of an asset.
Market Price
The current price at which an asset or service can be bought or sold in the marketplace.
Speculative Bubble
A situation in financial markets where the price of an asset rises significantly higher than its intrinsic value, driven by exuberant market behavior.
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