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

question 96

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 price-to-book ratios for its competitors,the lowest expected stock price for Novartis is closest to:

• A)$7.47
• B)$13.00
• C)$22.95
• D)$31.86

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Definitions:

Cones

Photosensitive cells located in the retina of the eye, responsible for color vision and the ability to perceive fine details.

Fovea

The fovea is a small depression in the retina of the eye where visual acuity is highest. It is densely packed with cones and is crucial for detailed vision.

Receptors

Proteins typically found on cell surfaces that bind to specific molecules, triggering a response in the cell.

Signaling Molecules

Chemicals released by cells that communicate and coordinate actions across the body or between organisms, crucial in many biological processes.