Step 1: Identify the given information and the goal.
Given:
\begin{itemize}
\item Mass of water ($m_w$) = 500 g
\item Initial temperature of water ($T_w$) = 73 °C
\item Mass of steam ($m_s$) = 45 g
\item Initial temperature of steam ($T_s$) = 100 °C
\item Equilibrium temperature ($T_{eq}$) = 100 °C (Since steam is present at equilibrium, the temperature must be 100 °C).
\end{itemize}
We need to find the ratio of the initial mass of steam to the mass of steam at equilibrium, i.e., $\frac{m_s}{m_{s,eq}}$.
Step 2: State the necessary physical constants.
We will use the following standard values for specific heat and latent heat:
\begin{itemize}
\item Specific heat capacity of water ($c_w$) = 1 cal g$^{-1}$ °C$^{-1}$
\item Latent heat of vaporization of steam ($L_v$) = 540 cal g$^{-1}$
\end{itemize}
Step 3: Calculate the heat gained by water to reach 100 °C.
The water at 73 °C will absorb heat to reach the equilibrium temperature of 100 °C.
$Q_{gained} = m_w c_w (T_{eq} - T_w)$
$Q_{gained} = 500 \text{ g} \times 1 \text{ cal g}^{-1} \text{ °C}^{-1} \times (100 \text{ °C} - 73 \text{ °C})$
$Q_{gained} = 500 \times 27 \text{ cal}$
$Q_{gained} = 13500 \text{ cal}$
Step 4: Calculate the mass of steam that condenses.
The heat gained by the water comes from the condensation of some mass of steam. Let $m_c$ be the mass of steam that condenses into water at 100 °C.
The heat lost by the condensing steam is:
$Q_{lost} = m_c L_v$
By the principle of calorimetry, Heat gained = Heat lost:
$Q_{gained} = Q_{lost}$
$13500 \text{ cal} = m_c \times 540 \text{ cal g}^{-1}$
$m_c = \frac{13500}{540} \text{ g}$
$m_c = \frac{1350}{54} \text{ g}$
$m_c = 25 \text{ g}$
So, 25 g of steam condenses into water.
Step 5: Calculate the mass of steam remaining at equilibrium.
The initial mass of steam was 45 g.
The mass of steam remaining at equilibrium ($m_{s,eq}$) is the initial mass minus the condensed mass:
$m_{s,eq} = m_s - m_c$
$m_{s,eq} = 45 \text{ g} - 25 \text{ g}$
$m_{s,eq} = 20 \text{ g}$
Step 6: Calculate the required ratio.
The ratio of the initial mass of steam and the mass of steam at equilibrium is:
Ratio = $\frac{\text{Initial mass of steam}}{\text{Mass of steam at equilibrium}} = \frac{m_s}{m_{s,eq}}$
Ratio = $\frac{45 \text{ g}}{20 \text{ g}}$
Ratio = $\frac{9 \times 5}{4 \times 5}$
Ratio = $\frac{9}{4}$
The ratio is 9:4, which matches option (1).
The final answer is $\boxed{\text{9 : 4}}$.