Use the following scenario analysis for stocks X and Y to answer the questions. Bull Normal Market 50.00% 12.00% Bear Market 25.00% -40.00% -22.00% Probability Stock X Stock Y Market 25.00% 55.00% 29.00% 9.00% Assume you have a $200,000 portfolio and you invest $75,000 in stock X and the remainder in stock Y. If the risk-free 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