Using the bottom up approach, calculate the Operating Cash Flow (OCF) given the following information: Sales are $800,000; Costs are $50,000 and does not include Non-Cash Items, and Depreciation is $5,000. Tax rate is 15%.

Question 1 options:

	$28,250
	$29,250
	$38,250
	$638,250

The Toronto Stock Exchange, last year, closed at 12,000 and it was at the beginning of last year at 11,000. What is the Market risk premium for the TSE if the risk free rate is 2%?

Question 2 options:

	9.09%
	11.12%
	7.09%
	11.09%