QUESTION 9 Use the following information to answer the question(s) below. Price Ticker per Share per Share Earnings Book Value per Share 3.69 13.79 1.93 7.33 54.35 BMY 25.45 Company Abbott Labs Bristol-Myers Squibb GlaxoSmithKline Johnson & Johnson Merck GSK 41.3 3.15 6.03 62.6 4.58 18.27 JNJ 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 closest to: $44.35 $31.86 $13.00 $43.47 QUESTION 10 Use the following information to answer the question(s) below. Price Earnings Book Value Ticker per Share per Share Company Abbott Labs per Share ABT 54.35 3.69 13.79 BMY 25.45 1.93 7.33 GSK 41.3 3.15 6.03 Bristol-Myers Squibb GlaxoSmithKline Johnson & Johnson Merck 62.6 4.58 18.27 JNJ MRK 36.25 3.81 10.86 Pfizer PFE $18.30 $1.20 8.19 Assuming that Novartis AG (NVS) has a book value of $5.55, based upon the average price - to - book ratio for its competitors, Novartis' stock price is closest to: $13.00 $21.50 $39.70 $44.35