Use the following scenario analysis for stocks X and Y to answer the questions. Bear Normal Bull Market Market Market Probability 20.00% 45.00% 35.00% Stock X -13.00% 10.00% 28.00% Stock Y -26.00% 18.00% 46.00% Assume you have a $200,000 portfolio and you invest $75,000 in stock X and the remainder in stock Y. If the riskfree rate of return is 3.50%, and we assume that the standard deviation of the excess returns on the portfolio is 18%, what is the Sharpe Ratio for this portfolio formed from stocks X and Y? Enter your answer rounded to two decimal places. For example, if your answer is 123.45% or 1.2345 then enter as 1.23 in the answer box.