Mr. Samuel Xavier was recently named as the top fund manager who manages an equity portfolio valued at RM8.92 million at Aptitude Mutual Fund Berhad. Despite the world's promising economic condition, he believes that the domestic market is still unstable and anticipates it to continue a downtrend till end of year 2020. Hence, he decides to hedge 82 percent of his portfolio against the exposure. The portfolio has a beta of 2.33. He has obtained the following quotations in early October: KLCI FKLI October 2020 FKLI December 2020 FKLI January 2021 FKLI April 2021 Suppose later in of April 2021, the index for both markets turn out to be as follows: RM 1,655 1,661 KLCI FKLI December 2020 RM 1,653 1,652 FKLI January 2021 FKLI April 2021 FKLI July 2021 1,651 1,656 1,657 1,664 1,666 1,659 The KLCI dividend yield is 4.23 percent and KLIBOR rate is 5.11 percent. Show the result of the overall transaction.