Question: III) Problem Solving: (5 Marks) * 5 points Shipment details: 0 Number of pieces: 200 cartons - Value: USD 20,000 . Actual weight: 120 kg

III) Problem Solving: (5 Marks) * 5 points Shipment details: 0 Number of pieces: 200 cartons - Value: USD 20,000 . Actual weight: 120 kg 0 Volume weight: 300 kg . Air freight: USD 5.50 ! kg 0 Premium Rate: 0.30% For educational purposes, please calculate the \"Insurance Premium\" at ClF Value plus 10% of the above shipment. Show all of your work

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