Rivertrail Inc. has 12,000 shares of common stock outstanding. The book value is $20 per share, while the market value is $39 per share. It also has 5,000 shares of preferred stock with a book value of $22 per share; the market value of the preferred stock is $26 per share. Rivertrail has a $400,000 face value bond issue outstanding, which is selling at 87% of par. What weight should be placed on the preferred stock when computing the Rivertrail's WACC

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.