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Suppose a Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: Issuance date: = 1 March 2017 Maturity date = 1 March 2020 Value date

Suppose a Senadat Mudarabah CAGAMAS sukuk (SMC) has the following features: Issuance date: = 1 March 2017 Maturity date = 1 March 2020 Value date = 1 July 2018 Indicative Coupon = 8% (annual coupon) Yield to maturity = 10% Nominal value = USD500 million

Required Price the SMC on face value per RM100 and find out the proceeds

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