You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is 5.4%. Your client chooses to invest $120,000 of her portfolio in your equity fund and $80,000 in a T-bill money market fund. What is the reward-to-volatility (Sharpa) ratio for the equity fund? Pound your answers to 4 decimal places.) Reward to Volatility Ratio