someone help me with the questions. thanks in advance

A. Educorporation is seeking a RM 15 million loan to be drawn in 3 months. Its banker, Maybank has agreed to provide the loan at KLIBOR + 2%. The 3- month KLIBOR is being quoted at 5% while the 3- month KLIBOR futures is 94.00. 1. What target rate can Educorporation 'lock-in' using interest rates futures ? 2. Outline the hedge strategy using KLIBOR futures. 3. Prove that the target rate has indeed been locked- in, even if rates rise 2% over the next 3 months 4.Demonstrate how Educorporation could use a forward rate agreement (FRA) to achieve the same goal of locking-in a target interest rate ? (Assume a counterparty and be specific about the terms). A. Educorporation is seeking a RM 15 million loan to be drawn in 3 months. Its banker, Maybank has agreed to provide the loan at KLIBOR + 2%. The 3- month KLIBOR is being quoted at 5% while the 3- month KLIBOR futures is 94.00. 1. What target rate can Educorporation 'lock-in' using interest rates futures ? 2. Outline the hedge strategy using KLIBOR futures. 3. Prove that the target rate has indeed been locked- in, even if rates rise 2% over the next 3 months 4.Demonstrate how Educorporation could use a forward rate agreement (FRA) to achieve the same goal of locking-in a target interest rate ? (Assume a counterparty and be specific about the terms)