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13. Your investment portfolio currently worth $3.5 million. During 2019, you have sold 500 shares of APL at $22 per share and 40 shares of

13. Your investment portfolio currently worth $3.5 million. During 2019, you have sold 500 shares of APL at $22 per share and 40 shares of ADS at $84 per share. You have used the proceeds in order to buy 200 shares of Beta Com. At $71.8 per share. what is the portfolio turnover rate? *

a. 4.10%

b. 0.91%

c. 3.84%

d. 7.63%

e. None of the above

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