The Sharpe ratio of the portfolio is 0.78. Stock A is one of the stocks included in the portfolio. The volatility of Stock A is equal to 26%. The required required return for Stock A with respect to the portfolio is equal to 5.94% and the correlation between the return of Stock A and the portfolio as a whole is equal to 0.13. The manager of the portfolio increases the size of the investment in Stock A. After this increase, the new required return for Stock A with respect to the portfolio is equal to 11% and the correlation between the return of Stock A and the portfolio as a whole is equal to 0.24. Calculate the new Sharpe ratio of the portfolio. The Sharpe ratio of the portfolio is 0.78. Stock A is one of the stocks included in the portfolio. The volatility of Stock A is equal to 26%. The required required return for Stock A with respect to the portfolio is equal to 5.94% and the correlation between the return of Stock A and the portfolio as a whole is equal to 0.13. The manager of the portfolio increases the size of the investment in Stock A. After this increase, the new required return for Stock A with respect to the portfolio is equal to 11% and the correlation between the return of Stock A and the portfolio as a whole is equal to 0.24. Calculate the new Sharpe ratio of the portfolio