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19 Fred holds 1000 call options on a firm's shares with an exercise price of $10.00 before the firm makes a 1 for 4 bonus

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19 Fred holds 1000 call options on a firm's shares with an exercise price of $10.00 before the firm makes a 1 for 4 bonus issue. After the bonus issue, Fred holds: Not yet Marked Flag Select one: O a. 800 options with an exercise price of $12.50 O b. 1000 options with an exercise price of $10.00 Oc 800 options with an exercise price of $8.00 d. 1250 options with an exercise price of $8.00 e. None of the above

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