Ramadhan Islamic Bank is being offered a Sanadat Mudharabah Cagamas (SMC) with a face value of RM50 million.

Below are the details of the SMC: Issuance date: August 10, 2015 Maturity date: August 10, 2017 Transaction Date: December 23, 2015 Next Coupon Payment: August 10, 2016 Indicate Coupon: 7.5 % (annual coupon) Yield to Maturity: 10 %

Calculate the appropriate Value for the SMC (per RM100 face value)