1. AC Company offered to sell goods at "USD 100 per case CIF New York". The importer requested a revised quote for CFRC 5% . The premium rate for insurance was 1.05% and mark-up for insurance was 10%. To get the same export revenue, what would AC's new offer be ? 2. The price quoted by an exporter was "USD 38 per case FOB Shanghai". The importer requested a revised CFR Liverpool price. If the size of cach case was 50cmx40cmx30cm,gross weight per case was 40kg, freight basis was W/M and the quotation for Liverpool is USD 100 per ton of carriage, plus 20% bunker adjustment factor(BAF)and 10% currency adjustment factor (CAF),what would be the CFR price?