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AC Company offered to sell goods at USD200 per case CIF New York.The importer requested a revised quote for CFRC5 %. The premium rate for

AC Company offered to sell goods at "USD200 per case CIF New York".The importer requested a revised quote for CFRC5 %. The premium rate for insurance was 1.5% and mark-up for insurance was 30%.

To get the same export revenue, what would AC's new offer be?

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