if during the year the portfolio manager sells all of the holdings of stock d and replaces it with 150,000 shares of stock e at $30 per share and 150,000 shares of stock f at $40 per share, what is the portfolio turnover rate? (round your answer to 2 decimal places.)

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07-10-2022
Business

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if during the year the portfolio manager sells all of the holdings of stock d and replaces it with 150,000 shares of stock e at $30 per share and 150,000 shares of stock f at $40 per share, what is the portfolio turnover rate? (round your answer to 2 decimal places.)

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