AU.S. investor has bought 10 million Pounds 6 months forward at $ 1.60/Pound. If the spot rate after 6 months turns out to be $ 1.66/Pound, The investor will make a $0.6 million net profit. The Investor will make a 50.5 million net profit The investor will incur a net loss of $0.5 million The investor will incur a net loss of $0.6 million