Dell is selling 20,000 units in Europe at an average price of 1,700 per unit. Both the spot and forward exchange rates are $1.20/. The cost of each unit in dollars is $1,500 per unit. The elasticity of demand for Dell computers in Europe is = 1.5. what is the delta for Dell's dollar profit assuming zero passthrough?

0

2.35

3.65

3.78