I. Bonds rated as "AAA" would generally have a lower default risk than bonds rated as "A"

II. Bonds of a new corporation would likely have a higher default risk than that of an established corporation

III. All bond investors should choose secure bonds issued by governments over high-yield (junk) bonds

A. Only statement I is correct

B. Only statement II is correct

C. Only statement III is correct

D. Only statements I and II are correct

E. All statements are correct