You manage an equity fund with an expected risk premium of 12.6% and a standard deviation of 40%. The rate on Treasury bills is 6.4%. Your client chooses to invest $75,000 of her portfolio in your equity fund and $75,000 in a T-bill money market fund. What is the reward-to-volatility (Sharpe) ratio for the equity fund? (Round your answer to 4 decimal places.) Answer is complete but not entirely correct. Reward-to-volatility 31.5000 X Ratio