Over the last quarter, GE repurchased 535.25 million shares at an average price of $15.743 per share. Shares outstanding are now 10.16975B and the stock price is $14,003, which analysts regard as its fair value. What was GE trading for before the repurchase? Round your answer to the nearest cent. Shares of the Mechanical Fruit Company currently trade for $10. The company has announced that it intends to spend $180 million on an open market repurchase. In their press release, management claims that the company's shares are occasionally undervalued and that buying shares at those undervalued prices represents a good investment. Assume that the company is able to repurchase shares at a price of $9. There are 200 million shares outstanding prior to the repurchase. Assume that there are two shareholders: one who owns all the shares that are repurchased and one who owns all the shares that are not. What is the gain in wealth for the shareholder who does not sell? Express your answer in millions of dollars rounded two decimal places