Montrose bank purchased RM2.0 mil NID for value date 10 October 2019 at a price of 98.50. The certificate has the following features: Issue date: 6 August 2018 August 2020 Coupon: 6-month KLIBOR + 0.25% payment date: 3.5%) 6/8/18 (KLIBOR = 3%) 6/2/19 (KLIBOR Maturity date: 6 3.8%) 4.2%) 6/8/19 (KLIBOR = 4%) 6/2/20 (KLIBOR (KLIBOR Interest 6/8/20 Compute proceeds paid by Montrose bank. = 5) IKM corporation purchased RM2.0 million of Malaysian Government Securities (MGS) Bond Trading on 27 April 2016 over spot at 95.80(price per 100 units) with value date on 1 May 2016. The coupon date is every 27 Oct and 27 April at the coupon rate of 4.22%. i) Compute the principal, accrued interest and proceeds amount of MGS. ii) Based on the above, compute the proceeds amount if the MGS is sold in the money market at 105.00.