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Use the following information to answer the question below. Assuming that Novartis AG (NVS) has an EPS of $3.35, based upon the average P/E ratio

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Use the following information to answer the question below. Assuming that Novartis AG (NVS) has an EPS of $3.35, based upon the average P/E ratio for its competitors (Johnson \& Johnson and GlaxoSmithKline are the only comparables in the industry), Novartis' stock price is closest to

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