Max Corp currently has 10 million shares on issue with a current stock price of $50.00 each. The major stockholder, I.M. Doingwell currently owns 60% of the shares. Max Corp then raises $200 million by issuing 5 million new shares to Doingwell. (a) What is the impact of the stock issue on the wealth of the other stockholders of Max Corp? (b) How would your answer change if the new shares were instead issued to a group of new investors rather than being issued to Doingwell ?