You manage a risky portfolio with an expected rate of return of 19% and a standard…

You manage a risky portfolio with an expected rate of return of
19% and a standard deviation of 33%. The T-bill rate is 7%. Your
client chooses to invest 80% of a portfolio in your fund and 20% in
a T-bill money market fund.
What is the reward-to-volatility (Sharpe) ratio (S) of
your risky portfolio? Your client’s? (Do
not round intermediate calculations. Round your
answers to 4 decimal places.)
Your reward-to-volatility ratio?________
Clients’ reward-to-volatility
ratio?_________