Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 44%. The T-bill rate is 5%.

Your client chooses to invest 80% of a portfolio in your fund and 20% in a T-bill money market fund.

Suppose your risky portfolio includes the following investments in the given proportions:

Stock A	28%
Stock B	37%
Stock C	35%

What is the reward-to-volatility ratio (S) of your risky portfolio? (Enter your answer as a decimal rounded to 4 decimal places.)

	Reward-to-Volatility Ratio
Your risky portfolio	?