You manage an equity fund with an expected risk premium of 10.8% and a standard deviation of 22%. The rate on Treasury bills is 3%. Your client chooses to invest $75,000 of her portfolio in your equity fund and $25,000 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.) Reward to volatility Ratio