The composition of the Fingroup Fund portfolio is as follows: Stock Shares 390,000 490,000 590,000 790,000 Price $30 35 15 20 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 $50 per share and 200,000 shares of stock Fat $29 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Turnover rate %