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The expected returns for Securities ABC and XYZ are 8% and 13%, respectively. The standard deviation is 12% for ABC and 18% for XYZ. There

The expected returns for Securities ABC and XYZ are 8% and 13%, respectively. The standard deviation is 12% for ABC and 18% for XYZ. There is no relationship between the returns on the two securities. The market return is 12.5% with a standard deviation of 16%. The risk-free rate is 5%. What is the Sharpe ratio of a portfolio with 40% of the funds in ABC and 60% in XYZ

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