When a preferred stock requires that all past unpaid preferred stock dividends must be paid before any stock dividends can be declared. this preferred stock has a feature. non-payment cumulative risk-minimization dividend protection none of the above What are the major differences between preferred stock and common stock? Preferred stock dividends are paid out before dividends on common stock can be issued. Common stock has potentially higher capital gains than preferred stock Common stock has voting rights and preferred stock does not. All of the above are correct Only A and B are correct. A real estate investment that is most similar to a mutual fund specializing in real estate investment is called a real estate investment trust. pass through property bond real estate agency bond property trust none of the above Bond issues may do something very important for the bondholder that increases the probability the debt will be successfully paid off at maturity