The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price APCD 320,000 $ 40 B 420,000 45 520,000 10. D 720,000 15 If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 240,000 shares of stock E at $30 per share and 240,000 shares of stock F at $15 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Turnover rate %