Diana inherited some preferred shares for "Small Co." from her father's estate when he passed away several years ago. Diana has just heard on the financial news that Small Co is now in financial difficulty and may have to file for bankruptcy. In a panic, Diana calls her investment advisor to find out what impact this would have on her shares. What should Diana's advisor tell her?

A) Common shareholders have first claim on any assets, followed by preferred shareholders, followed by creditors and bondholders

B) Preferred shareholders have first claim on any assets, followed by creditors and bondholders, followed by common shareholders

C) Creditors and bondholders have first claim on any assets, followed by preferred shareholders, followed by common shareholders

D) As a preferred shareholder, the full value of her investment will be protected