Use the following information to answer the question(s) below.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the P/E ratios for its competitors,the highest expected stock price for Novartis is closest to:
A) $31.86.
B) $44.35.
C) $51.09.
D) $62.60.
Correct Answer:
Verified
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