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Stock `Shares (N) Price (P) A 100 K $50 B 200 K $30 C 500 K $10 If you replace Stock B with 200,000 shares

Stock

`Shares (N)

Price (P)

A

100 K

$50

B

200 K

$30

C

500 K

$10

  1. If you replace Stock B with 200,000 shares of Stock D at $20 and 100,000 shares of Stock E at $10, what is the portfolio turnover rate?
  2. If you replace Stock B with 200,000 shares of Stock D at $10 and 100,000 shares of Stock E at $40, what is the portfolio turnover rate?

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