Question

$2$

$3$

$1$

$0$

$$Points

A shipper has the following cargo and associated freight costs:

$4$

$$x

$2$

$0$

ft containers said to contain cell phones.

Invoice value of the cargo: CAD$

$5$

$0$

$,$

$0$

$0$

$0$

$.$

$0$

$0$

Ocean freight Montreal to Antwerp: USD$

$6$

$5$

$0$

$.$

$0$

$0$

$/$

container

Pre

$-$

carriage Kingston to Montreal all in: CAD$

$1$

$0$

$0$

$.$

$0$

$0$

$/$

container

All risk marine premium rate at

$0$

$.$

$3$

$1$

$\%$

The exchange rate is USD$

$1$

$.$

$0$

$0$

$=$

CAD$

$1$

$.$

$3$

$0$

Calculate the Valuation

$($

$1$

$0$

$0$

$\%$

$$CIP value

$)$

$$for this shipment.

Show your calculations for full marks