Question 9 A U.S. investor has today entered into a short forward contract position for 10 million Pounds at the 6-month forward of $ 1.60/Pound. If the spot rate after 6 months turns out to be $ 1.75/Pound, The investor will make a $17.5 million profit. The investor will incur a loss of $1.5 million. The investor will incur a loss of $16 million. The investor will make a $1.5 million profit