Required: You manage an equity fund with an expected risk premium of 14% and a standard deviation of 54%. The rate on Treasury bilis is 6.8%. Your client chooses to invest $120,000 of her portfolio in your equity fund and $30,000 in a T-bill money market fund. What is the reward-to-volatility (Sharpe) ratio for the equity func? (Round your answer to 4 decimal places.)