Which of the Following Is Not True Regarding Preferred Stock

Multiple Choice

Which of the following is not true regarding preferred stock?

A) Preferred stockholders have rights to the assets of the corporation before common stockholders.
B) Preferred stockholders have priority over common stockholders in receiving dividends.
C) Preferred stock has greater potential for capital appreciation than common stock.
D) The price of preferred stock is less volatile than the price of common stock.