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:

Puberty

The period of sexual maturation, during which a person becomes capable of reproducing.

Androgyny

A blend of masculine and feminine characteristics in terms of traits, behaviors, or appearance.

Secondary Sex Characteristic

Physical features that emerge during puberty which are not directly involved in reproduction but distinguish the two sexes from each other.

Spermarche

The commencement of sperm production in boys, marking the onset of puberty and reproductive capability.