All of the following are true about debt securities except:

A) They can be short-term investments.
B) They can be long-term investments.
C) They can have a cost higher than the maturity value.
D) They can have a cost lower than the maturity value.
E) They reflect an owner relationship.

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, which include terms related to the amount, interest rate, and maturity date.

Maturity Value

The amount payable to the holder of a financial instrument at its maturity date, often the principal plus any final interest payment.

Owner Relationship

The legal and operational connections and responsibilities between the owner(s) and their business entity.