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    Exam 9: Valuing Stocks
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    Use the Following Information to Answer the Question(s)below
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Use the Following Information to Answer the Question(s)below

Question 18

Question 18

Multiple Choice

Use the following information to answer the question(s) below. 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 price-to-book ratio for its competitors,Novartis' stock price is closest to: A) $13.00. B) $22.95. C) $39.70. D) $44.35.
-Assuming that Novartis AG (NVS) has an EPS of $3.35,based upon the average price-to-book ratio for its competitors,Novartis' stock price is closest to:


A) $13.00.
B) $22.95.
C) $39.70.
D) $44.35.

Correct Answer:

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