Feast Inc. has a stock price of $100 and is about to pay a $5 cash dividend. An investor owns 4,000 shares and prefers a $8 cash dividend. How many shares will the investor have to sell to create a homemade dividend?

Question 6 options:

	153 shares
	142 shares
	127 shares
	131 shares

Part 2

Suppose Feast Inc. pays a $6 dividend, in which case the investor would not have sold any shares. Assuming no tax implications, what would the impact on the investors wealth be compared to Feast Inc. paying the $3 dividend?

Part 2 options:

	Greater
	Less
	The same
	Not enough information