During a laboratory class, a student moves a magnet through a coil of wire, generating an electric current in the coil due to the variation of the magnetic field. Analyze the following statements about this experiment and identify the correct alternative:

I.The induced current in the coil is inversely proportional to the speed at which the magnet is moved through it.

II.If the magnet is held stationary inside the coil, no current will be induced, regardless of the magnet's position.

III.The direction of the induced current changes if the direction of the magnet's movement is reversed.

Select the correct alternative: