Multiple Choice:

• We have found using absolute valuation that the fair value of Restaurant Brands is 57.4$ per share. When we compare it to todays price of 60.00$ per share, we could say that?

  1. Restaurants Brands is a clear buy

  2. Restaurant Brands is undervalued, we would recommend overweight

  3. All of the statements are correct.

  4. Restaurant Brands is overvalued, we would recommend to underweight