The composition of the Tandon Fund portfolio is as follows: 44 Stock A B C D Shares 330,000 430,000 530,000 730,000 Price $ 30 35 15 20 8 01:19:51 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 $40 per share and 200,000 shares of stock F at $33 per share, what is the portfolio turnover rate? (Round your answer to 2 decimal places.) Turnover rate %