A growth rate that exceeds the market return is, Financial Management

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A growth rate that exceeds the market return is

1. A growth rate that exceeds the market return is called

a. limited growth

b. supernormal growth

c. acceptable growth

d. normal growth

2. To find the present value of an uneven series of cash flows, you must find the PVs of the individual cash flows and then sum them. Annuity procedures can never be of use, even when some of the cash flows constitute an annuity, because the entire series is not annuity. True or false? Explain.

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