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125% Zoom Insert Table Chart Text Shape Media Comment 14. Phillips NV produces DVD players and exports them to the United States. Last year the

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125% Zoom Insert Table Chart Text Shape Media Comment 14. Phillips NV produces DVD players and exports them to the United States. Last year the exchange rate was $1.20/euro and Phillips charged 125 euro per player in Euroland and $150 per DVD player in the United States. Currently the spot exchange rate is $1.24/euro and Phillips is charging $152 per DVD player. What is the degree of pass through by Phillips NV on their DVD players

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