A "supernormal growth" firm is one in which:
A) sales grow at a very rapid rate.
B) the firm's earnings grow at a high rate for many years into the future.
C) the firm's dividends grow alternatively at high,then low,rates.
D) the firm's dividends grow at a high rate for several periods,then at a lower rate afterward.

Question

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The Answer of A "supernormal growth" firm is one in which:
A) sales grow at a very rapid rate.
B) the firm's earnings grow at a high rate for many years into the future.
C) the firm's dividends grow alternatively at high,then low,rates.
D) the firm's dividends grow at a high rate for several periods,then at a lower rate afterward.

A "Supernormal Growth" Firm Is One in Which