Q21.) a. Nova's competitor is Scotia. If Nova presently has a P/E of 101.48, while Scotia's P/E is 161.81 and their EPS are 5.44 and 0.51, respectively. What is the price of Nova's stock? b. Nova's competitor is Scotia. If Nova has a P/E of 101.48, while Scotia's P/E is 161.81 and their EPS are 5.44 and 0.51, respectively. What is the price of Scotia's stock? NOVA Corp. 1/31 Net sales (in millions) Less: Cost of goods sold Gross Profit Selling & administrative expense Depreciation expense Total Operating Expense Operating Income Interest Income Interest Expense Earnings before taxes Income taxes Net income 2020 10,918 4 150 6,768 3,541 381 3,922 2,846 176 52 2,970 174 $2.796 2019 11,716 4,545 7,171 3,105 262 3.367 3,804 150 58 3,896 -245 $4.141 Other Data Ordinary Shares Outstanding (M) Market Price Tax Rate 2020 612 $240.00 5.86% 2019 606 $137.26 3.16%