Question
The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 37 B 262,000 $65 C 419,000 $39 D 490,000
The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 37 B 262,000 $65 C 419,000 $39 D 490,000 $30 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 90,000 shares of stock F at $30 per share. What is the portfolio turnover rate?
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
