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The Bausch Co. currently pays no dividend. The company is anticipating dividends of $0, $0, $0, $.10, $.20, $.30, and $.40 over the next 7
The Bausch Co. currently pays no dividend. The company is anticipating dividends of $0, $0, $0, $.10, $.20, $.30, and $.40 over the next 7 years, respectively. After that, the company anticipates increasing the dividend by 4% annually. The first step in computing the value of this stock today, is to compute the value of the stock when it reaches constant growth in year:
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