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. Now consider a depreciation of Euro (relative to US dollar) from $1.20/ to $1.08/ and assume passthrough = 0.5. What are respectively the delta and exposure for Dells dollar profit?

A. delta=1.137; exposure = 10,233,000 million

B. delta=1.981; exposure = 17,829,000 million

C. delta=2.566; exposure = 23,094,000 million

D. delta=5.741; exposure = 51,660,000 million