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Company A s quotation is CFR Hamburg 5000 USD/ MT. The buyer asks about the CIF Hamburg price. The insurance is FPA and breakage and

Company A s quotation is CFR Hamburg 5000 USD/ MT. The buyer asks about the CIF Hamburg price. The insurance is FPA and breakage and clash, and the Premium rates are 0.8% and 0.2% respectively. Please calculate the CIF Hamburg price and the Insurance premium.

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