The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 230,000 $ 40 B 330,000 45 C D 430,000 630,000 20 25 If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 210,000 shares of stock E at $50 per share and 210,000 shares of stock F at $25 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Turnover rate %