Question: UU 1 ... ... . . 2 :: 4 4 5 5 5 The composition of the Fund WV portfolio is as follows: Stock Shares

UU 1 ... ... . . 2 :: 4 4 5 5 5 The composition of the Fund WV portfolio is as follows: Stock Shares Price A B 310,000 410,000 510,000 710,000 $ 35 40 15 20 D 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 S40 per share and 200,000 shares of stock F at $31 per share, what is the portfolio turnover rate? ()

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