Which of the following securities guarantees preferred stockholders payment of missed dividends before any dividends are paid to common stockholders?

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Cumulative preferred stock guarantees payment of missed dividends before any dividends are paid to common stockholders. Participating preferred stock allows the holders to participate in additional profits beyond the stated dividend rate, while convertible preferred stock allows the holder to convert their shares into common stock. The call provision allows the issuer to redeem the shares at a specific price and date.

Which of the Following Securities Guarantees Preferred Stockholders Payment of Missed