Bob's Auto Group Has 25,000 Shares Outstanding at a Market

Bob's Auto Group has 25,000 shares outstanding at a market price of £4.50 a share.What will the market price per share be if the company does a 1-for-5 reverse stock split?

A) £18.00
B) £20.00
C) £22.50
D) £27.00
E) £29.50