You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. The rate on Treasury bills is 6% Your client chooses to invest $60.000 of her portfolio in your equity fund and $40,000 in a T-bil money market fund. What is the reward-to-volatility (Sharpe) ratio for the equity fund? (Round your answer to 4 decimal place.) Reward-to-volatility Ratio