Phillips NV produces DVD players and exports them to the United States. Last year the exchange rate was $1.20/euro and Phillips charged 120 euro per player in Euroland and $142 per DVD player in the United States. Currently the spot exchange rate is $1.60/euro and Phillips is charging $160 per DVD player. What is the degree of pass through by Phillips NV on their DVD players? (Select the closest answer.) 27,56% 38,04% 42,65% 58.05%