Which following statement is Incorrect? I. Money market hedges almost always return more than forward hedges because of the greater risk involved. II. While hedging can protect the owner of an asset from a loss, it also eliminates any gain from an increase in the value of the asset hedged against. III Hedging is the taking of a position, acquiring either a cash flow, an asset, or a contract (including a forward contract) that will rise (fall) in value and offset a fall (rise) in the value of an existing position (a) I only. (b) II only. (c) III only. (d) I and