Use the following information to answer the question(s) below.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the average P/E ratio for its competitors,Novartis' stock price is closest to:
A) $13.00.
B) $31.86.
C) $43.47.
D) $44.35.
Correct Answer:
Verified
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You expect
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