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Question: Murray Exports (B). Assume the same facts as in Murray Exports (A). Additionally, financial management believes that if it maintains the same yuan sales price, volume will increase at 12% per annum for eight years. Dollar costs will not change. At the end of 10 years, Murray Exports's patent expires and it will no longer export to China. After the yuan is devalued to Yuan9.20/$, no further devaluations are expected. If Murray Exports raises the yuan price so as to maintain its dollar price, volume will increase at only 1% per annum for eight years, starting from the lower initial base of 9,000 units. Again, dollar costs will not change, and at the end of eight years Murray Exports will stop exporting to China. Murray Exports's weighted average cost of capital is 10%. Given these considerations, what should be Murray Exports's pricing policy?

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