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Two matrices $A$ and $B$ are called similar if there exists another matrix $S$ such that $S^{-1} A S=B$. Consider the statements:

  1. If $A$ and $B$ are similar then they have identical rank.
  2. If $A$ and $B$ are similar then they have identical trace.
  3. $A=\left[\begin{array}{ll}1 & 0 \\ 0 & 0\end{array}\right]$ and $B=\left[\begin{array}{ll}1 & 0 \\ 1 & 0\end{array}\right]$ are similar.

Which of the following is TRUE.

  1. Only $\text{I}$.
  2. Only $\text{II}$.
  3. Only $\text{III}$.
  4. Both $\text{I}$ and $\text{II}$ but not $\text{III}$.
  5. All of $\text{I}, \text{II}$ and $\text{III}$.
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