QUESTION 12 Use the following information to answer the question(s) below. Book Price Earnings Value Company Ticker per Share per Share per Share Abbott Labs ABT $54.35 $3.69 $13.79 Bristol-Myers-Squibb BMY $25.45 $1.93 $7.33 GlaxoSmithKline GSK $41.3 $3.15 $6.03 Johnson & Johnson JNJ $62.6 $4.58 $18.27 Merck MRK $36.25 $3.81 $10.86 Pfizer PFE $18.30 $1.20 8.19 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 dosest to $13.00. $31.86 $43.47 $44.35 $35.33