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:

Expected Return	Standard Deviation
Stock fund (S) 12%	41%
Bond fund (B) 5%	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.)