The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 330,000 $ 30 B 430,000 35 530,000 15 D 730,000 20 Required: If 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 $40 per share and 200,000 shares of stock F at $33 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Turnover rate %