Use the Following Information to Answer the Question(s)below

question 72

Multiple Choice

Use the following information to answer the question(s) below.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the P/E ratios for its competitors,the highest expected stock price for Novartis is closest to:

• A)$31.86.
• B)$44.35.
• C)$51.09.
• D)$62.60.

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Definitions:

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The U.S. Supreme Court is the highest judicial body in the United States, holding the ultimate authority in interpreting the Constitution and federal law.

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The objectives of science include describing, explaining, predicting, and controlling phenomena based on empirical evidence and logical reasoning.