A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 3.0%. The probability distributions of the risky funds are:

Stock Fund (s) Expected Return 12% & Standard Deviation 41%

Bond Fund (B) Expected Return 5% & Standard Deviation 30%

The correlation between the fund returns is 0.0667.

What is the Sharpe ratio of the best feasible CAL?(Do not round intermediate calculations. Round your answer to 4 decimal places.)