Callable preferred stock is the stock of another firm that a corporation has purchased as an investment.

Name: Callable preferred stock is the stock of another firm that a corporation has purchased as an investment.
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Callable preferred stock is a type of stock that can be redeemed by the issuing company at a predetermined price after a certain date. It is not the stock of another firm that a corporation has purchased as an investment.

Callable Preferred Stock Is the Stock of Another Firm That