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1. Break down the items in #1 into several steps: (a) First, what was the EAR on Lawrence's original investment in Google stock? (b) Second,

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1. Break down the items in #1 into several steps: (a) First, what was the EAR on Lawrence's original investment in Google stock? (b) Second, explain to the committee the possible returns on a $1,000,000 stock portfolio if it gains $30,000 in dividends and +1 $100,000 in market value. (c) Third, if the gain is $100,000, what is the value of the grants and the balance of the fund? (d) Fourth, if the loss is $100,000, what is value of the grants and the balance of the fund

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