The Cash Store Co. just repurchased 11.875 million shares at a price of$14. The stock was trading at a price of$16 prior to there purchase, but a market correction gave the company an opportunity to repurchase at a lower price. There were 100 million shares outstanding prior to the repurchase. The stock is now trading for$16.27. What is the aggregate gain in value to all the shares that remain outstanding as a result of there purchase?  

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ANSWER To calculate the aggregate gain in value to all the shares that remain outstanding as a resul... View the full answer