AU.S. investor has today entered into a long forward contract position for 10 million Pounds at the 6-month forward rate of $ 1.60/Pound. If the spot rate after 6 months turns out to be $ 1.65/Pound, The investor will make a $0.5 million profit. The investor will incur a loss of $0.5 million. The investor will incur a loss of $16 million. The investor will make a $16.5 million profit