Which of the following statement(s) is TRUE for debt investments? 1. Companies account for debt investments based on their percentage of holdings in the investee's debt securities. 11. Companies report available-for-sale securities at fair value on the balance sheet but do not report changes in fair value as part of net income until after selling the security. III. Held-to-maturity securities do not increase the volatility of earnings or equity. III only nd I O land II II and III I, II and III 3 pts Question 3