Which of the following statement(s) is correct? Choose all that apply. 1. The duration of a bond increases with the coupon rates. II. The definition of yield to maturity for a coupon bond assumes that the coupons will be reinvested at the same rate until maturity. III. If interest rates rise, the immunization strategy for bond portfolios balances out capital gains and losses from reinvested coupons. III only II and III O ll only O None of the choices I only OI, II, and III O land II O land