The following table contains the historical average returns, risk premia and standard deviations of three asset classes.
(All numbers are presented as percentages per year.)
	T-bills	T-bonds	Market Portfolio(Stocks)
Average Return	3.42	5.51	11.91
Risk Premium	n/a	2.08	8.48
Standard Deviation	3.14	8.14	19.99
Estimate the Sharpe Ratio of the stock market portfolio and the Sharpe Ratio of the T-Bonds.
Present your results as decimals and round them to two decimal places.
Market Sharpe Ratio=
T-Bond Sharpe Ratio=
(Hints: Assume that market risk premium and market volatility are constant over time. The same for T-Bonds.)