B. MM Industries Bhd has requested a semi-annual, RM20 million, 3-year loan from CIMB Bank. The bank is willing to lend on a floating rate basis at 6-month KLIBOR+1.5%. Encik Najmi, the CFO of MM Industries Bhd, is worried after hearing that the interest rate is likely to rise over the foreseeable future. Required: i) Advise Encik Najmi on how he could use an Interest Rate Swap (IRS) to hedge his company's exposure to interest rate risk. No calculation is required. (5 marks) ii) Explain any two (2) advantages of Interest Rate Swaps