Question: Please do not use excel to solve. I need to understand how to work this problem out by using a BAII plus calculator. Please go

Please do not use excel to solve. I need to understand how to work this problem out by using a BAII plus calculator. Please go in depth when providing the solution. Please do not use excel to solve. I need to understand how

XYZ corp is expected to pay dividends of $2.72 at the end of every year for the next 3 years (with the first payment in one year from today). If the current price of XYZ corp is $15, and XYZ's expected return on equity is 27%, what price would you expect XYZ's stock to sell for a the end of three years (immediately after the third dividend is paid)? $20.15$30.73$15.00$9.84

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