Supernormal growth is a growth rate


Supernormal growth is a growth rate that:

a. Applies to a single, abnormal year.

b. Is both positive and follows a year or more of negative growth.

c. Exceeds a firm's previous year's rate of growth.

d. Is generally constant for an infinite period of time.

e. Is unsustainable over the long term.

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Financial Management: Supernormal growth is a growth rate
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