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

question 47

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 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.

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Definitions:

Autonomic Arousal

The activation of the autonomic nervous system, leading to physical responses such as increased heart rate or sweating.

Increased Digestion

An enhancement in the process by which food is broken down by the body to be absorbed into the bloodstream for nourishment.

Dilation

The process of widening or expanding an opening or structure in the body.

Perspiration

The production and release of sweat by the sweat glands of the skin, often in response to heat or stress.