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The composition of the Fingroup Fund portfollio is as follows Stock SharesPrice 390,000 $30 490,000 35 590,000 1 790,000 20 B. If during the year

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The composition of the Fingroup Fund portfollio is as follows Stock SharesPrice 390,000 $30 490,000 35 590,000 1 790,000 20 B. If during the year the portfolio manager seils 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 F at $29 per share, what is the portfolio tunover rate? (Round your answer to 2 decimal places) Turnover rate

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