Hello sir,
Its part a of this question when doing share options adjustments how the number of options declining by 5% will be treated. Model answer is using 3 years compound basis but theres only one year between vesting and exercise date ? Thanks
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BURCOLENE 12/07
'Now' is the date of the current statements, which is 30 November 20X7. The exercise date is 30 November 20Y0, which is three years from 'now'.
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