Question 23 4 pts Suppose that the spot exchange rate is $1.55/, that the beta on a forward contract to buy pounds with dollars is 2.3, and that the expected dollar rate of return on the market portfolio in excess of the dollar risk-free interest rate is 9%. What is the expected profit or loss on a forward purchase of 1,000,000? $320,850 $162.750 $440.850 5641.700 None of the above 6 pts