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NEW QUESTION: 1
It is possible (although not very common) for a security to have a negative beta (i.e. a beta less than zero). Such a beta would indicate that:
A. Betas for small and publicly traded companies are often unreliable
B. Risk-free return would be greater
C. It is the result of aggressive securities
D. The returns of these securities are countercyclical to the returns of the board investment market index.
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