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SN3001 Investment Planning Help Please

Discussion in 'Financial Planning Study Group' started by ShelC, 6th Jun, 2011.

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  1. ShelC

    ShelC New Member

    Joined:
    6th Jun, 2011
    Posts:
    1
    Location:
    Central Coast
    Hi, I have to resit my exam by 1st July and feedback I received from Kaplan was to understand the example on page 6:13....

    500 December 2010 3 year bond futures contracts at 94.630 (5.37%)
    Value = $50,862,190.00

    I have tried and tried to 'understand' the example but must be missing a fundamental part.

    Can anyone please help me with this? I am desperate as I have emailed Kaplan and keep getting emailed back 'I have cc'd a colleague who will be able to assist you' and then my question doesn't get answered.....then it takes me another minimum 72hrs (usually 5 working days) to get another useless response from them.

    Shel