Question: If there is a security with a negative beta, for example -0.5, what can you say about the expected return of the security based on

If there is a security with a negative beta, for example -0.5, what can you say about the expected return of the security based on the capital asset pricing model (CAPM) or the Security Market Line (SML)? Can you think of a security with a negative beta? If there is one, would you classify that security as defensive or aggressive?

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