QUESTION Bybee is expected to have a temporary supernormal growth period and then level off to a normal, sustainable growth rate forever. The supernormal growth is expected to be 25 percent for forever. The market requires a 14 percent return on the company and the company last paid a $2.00 dividend. What would the market be willing to pay for the stock today? 2 years, 20 percent for one year and then level off to a normal growth rate of 8 percent $52.68. $67.50. $47.09