In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.20/euro. At the end of one year the spot rate is $1.35/euro. At an average price of 60/share, how many shares of stock will the investor be able to purchase?

Question options:

a) 10,833 shares

b) 6410 shares

c) 6944 shares

d) 6173 shares