Your bank is considering acquiring a new branch office from another bank Given the following data please clculate the sharp ratio for your bank BEFORE th eacquisition

Expected return: New branch office	12.50%
Expected return: Existing facilities	10.00%
Standard Deviation: New branch office	7.50%
Standard Deviation: Existing facilites	5.00%
Correlation coefficient with other services	0.48
% of total assets: New branch office	20.00%
% of total assets: Existing facilities	80.00%

not 2.30