Which of the following is NOT true of debentures and debenture holders?

• A.Debentures are instruments for rising long-term capital by limited liability companies
• B.Debenture are fixed interest-bearing securities with specified maturity dates
• C.Debentures holders are creditors to the company and therefore do not share in the risk of the company
• D.Debenture holders are entitled to interest payments whether or not profits are made
• E.Preference shareholders recieve their share of profits before debenture holders receive their entitlements