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The composition of the Fingroup Fund portfolio is as follows: During the year the portfolio manager sells all of the holdings of stock D and

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The composition of the Fingroup Fund portfolio is as follows: During the year the portfolio manager sells all of the holdings of stock D and replaces it with 200,000 shares of stock E at $70 per shareland 185,000 shares of stock F at $80 per share. What is the portfolio turnover fate? (Round your answer to 1 decimal place.)

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