The composition of the Fingroup Fund portfolio is as follows: Stock A B C D Shares 200,000 278,000 411,000 570,000 Price $ 33 41 31 50 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 $60 per share and 220,000 shares of stock F at $75 per share. What is the portfolio turnover rate? (Round your answer to 1 decimal place.) Turnover rate %