What will be the value of pay after the following statements are executed?
```
int hours = 45;
double pay, payRate = 10.00;
pay = hours <= 40 ? hours * payRate :
40 * payRate + (hours - 40) *payRate * 1.5;
```
a. 400.00
b. 450.00
c. 465.00
d. 475.00
d. 475.00
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