You are trying to forecast the expected level of the aggregate Toronto stock market for the next year. Suppose the current three-month Treasury bill rate is 4 percent, the yield to maturity on 10+ year Canada bonds is 5 percent per year, the expected rate of inflation is 2 percent per year, and the expected EPS for the S&P/TSX Composite is $450. What is your forecast, and why?

No risk premium was given is this still doable?