Which of the following statement relating to the stability of floating and submerged bodies is incorrect?

1
A submerged body is in unstable equilibrium if the centre of gravity is below the centre of buoyancy
2
A floating body is in stable equilibrium if the centre of gravity is below the metacenter
3
A submerged body is in neutral equilibrium if the centre of gravity coincides with the centre of buoyancy
4
A floating body is in unstable equilibrium if the centre of gravity is above the metacenter

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