To value the common stock of a supernormal growth firm, an analyst could forecast the length of the supernormal growth period and the dividends paid, and then find the:

Multiple Choice

• total of the dividends paid.

• total of the dividends paid and multiply by the length of the growth period.

• present value of the supernormal growth period's dividends.

• present value of the supernormal growth period's dividends and add the present value of the stock price at the end of the growth period.