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:

Haplodiploidy

A mechanism through which sex is determined by the number of copies of each chromosome that an individual receives. Offspring formed from the fertilization of an egg by a sperm (that is, diploids) are female; those formed from unfertilized eggs (that is, haploids) are male.

Eusocial Behavior

The highest level of social organization, characterized by cooperative brood care, division of labor, and overlapping generations within a colony of animals.

Inclusive Fitness

Describes an individual’s combined fitness, including its own reproduction as well as any increase in the reproduction of its relatives due specifically to its own actions.

Cervical Vertebrae

The vertebrae of the neck region, forming the upper part of the spinal column and providing support and mobility to the head.