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# Kraska will answer this question by assuming that a $1,000,000 portfolio in a given year earns $30,000 in dividends and either gains or loses...

Kraska will answer this question by assuming that a $1,000,000 portfolio in a given year earns $30,000 in dividends and either gains or loses $100,000 in market value. of the portfolio after a 5% grant distribution. Kraska will also compute Lawrence's EAR on his investment in Google to illustrate a multiyear perspective. Lawrence purchased the Google stock for $200,000 and held it for three years before he died.