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Q2. (a) A Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: = Time left to maturity 12 months Time to next coupon = 12

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Q2. (a) A Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: = Time left to maturity 12 months Time to next coupon = 12 months Indicative Coupon 10% (annum coupon) Yield to maturity = 12% Price the Senadat Mudarabah CAGAMAS sukuk based on face value per RM100. (10 marks)

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