The composition of the Fingroup Fund portfolio is as follows: Stock Price $.41 Shares 200,000...
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The composition of the Fingroup Fund portfolio is as follows: Stock Price $.41 Shares 200,000 294,000 403,000 630,000 D 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 220,000 shares of stock Fat $60 per share What is the portfolio turnover rate? (Round your answer to 1 decimal place.) Turnover rate
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