An investor currently owns 500 shares in Romulus & Remus Limited, which is an Australian firm currently trading on the ASX at a market price of $1.76/share. Romulus & Remus is about to undergo a bonus issue of 5 shares for every 11 held by their investors. Assuming that the shares are still trading cum-bonus, complete the following statement about the investor's position in the firm once the bonus issued is completed. The investor will now own ___________ that will be worth ___________ in total.

Select one:

a. 727 shares; $1936

b. 227 shares; $880

c. 227 shares; $1280

d. 727 shares; $1280

e. 727 shares; $880

f. 727 shares; $605

g. 227 shares; $1936

h. 227 shares; $605