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Can I ask for schedule of year 1, year 2, and year 3? PROBLEM 14: At the beginning of year 1, an entity grants to

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Can I ask for schedule of year 1, year 2, and year 3?

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PROBLEM 14: At the beginning of year 1, an entity grants to a senior executive 30,000 share options. The grant is conditional upon the executive remaining in the entity's employ until the end of year 3. The share option can be exercised if the entity's hare price increase from P20 at the beginning of year 1 to above P30 at the end of year 2. If the share price is above P30 at the end of year 3, the share option can be exercised at any time during the next five years, ie., by the end of year S. The entity estimates the fair value of the share options on grant date to be P5 per option. The estimate takes into account the following market conditions. The possibility that the share will exceed P30 at the end of year 3, i.e., share options become exercisable; and The possibility that the share price will not exceed P30 at the end of year 3, i.e., the share options will be forfeited The following actual events occurred in years 1 to 3: Year 1 The share price has increased to P24 The entity's estimate of the fair value of the options is P4 at the end of year 1. This takes into account whether the market condition will be satisfied by the end of year 3. Year 2 The share price has decreased to P22. However, the entity remains optimistic that the share price target will be met by the end of year 3. . The estimated fair value of the share option is P3. Again, this estimate takes into account the market condition noted above. Year 3 The share price only reaches P28 by the end of year 3. The estimated fair value of the share option is zero, as the market condition has not been satisfied

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