Question
One year ago, you invested in 1747 Musharaka Sukuk with a share of 54% in each Sukuk. The value of each Sukuk was AED 19115.
One year ago, you invested in 1747 Musharaka Sukuk with a share of 54% in each Sukuk. The value of each Sukuk was AED 19115. You are entitled to a profit share of 45 percent of the total profit generated by the underlying assets of the sukuks. Al the end of year, each Sukuk generated a loss of AED 10032. What will be your return on investment. Note: Please write your final answer in the box below. Please write detailed steps for calculations in the space provided in the next question.
I saw multiple answers and i dont know what is right.Can you please provide the right answer. Im confused whether it is -28.34% or -52.48%.
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