Preferred stock differs from common stock essentially in that___

Preferred stock differs from common stock essentially in that_______
A、the price of the former is usually more than that of the latter
B、the dividend for preferred stock is often higher than that for common stock
C、preferred stock dividends are usually set when the stock is first sold whereas common stock dividends are not
D、preferred stockholders have the privilege to share the corporation's dividends before common stockholders,but they do not have voting rights in the corporation
【正确答案】：D