Question: Upper Crust Bakers common stock offers an expected total return of 9 percent. The last annual dividend was $2.34 a share. If dividends increase at

Upper Crust Bakers common stock offers an expected total return of 9 percent. The last annual dividend was $2.34 a share. If dividends increase at a constant 2.3 percent per year, the dividend yield for Upper Crust is therefore percent. fround answer to whole number with two decimal points: i.e., use 1.23 percent instead of 0.0123 )

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