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:
Definitions:
Exit Of Firms
The process when businesses stop operations and leave a market, often due to unprofitability or strategic realignment.
Market Entry
The process or strategy by which a company enters a new market, facing and overcoming barriers to entry.
Market Price
the current price at which a good or service can be bought or sold, determined by supply and demand forces in the market.
Average Total Cost
The sum of fixed and variable production costs divided by the total amount of produced goods.
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