You manage an equity fund with an expected risk premium of 10.4% and an expected standard deviation of 15.7%. The rate on Treasury bills is 7%. Your client chooses to invest $75,600 of her portfolio in your equity fund and $32,400 in a T-bill money market fund. Required: What is the reward-to-volatility ratio for the equity fund? (Round your answer to 2 decimal places.) Reward to variability ratio