Question 7 1 pts Allan purchased 800 shares of stock on margin for $31 a share and sold the shares five months later for $33.50 a share. The initial margin requirement was 70 percent and the maintenance margin was 30 percent. The interest rate on the margin loan was 7.5 percent. He received no dividend income. What was his holding period return? O 7.05 percent 10.21 percent 8.45 percent 10.76 percent 11.82 percent Question 8 1 pts Aaron purchased 300 shares of a technology stock for $16.80 a share. The initial margin requirement on this stock is 85 percent and the maintenance margin is 40 percent. What is the lowest the stock price can go before he receives a margin call? $4.20 O $5.55 $6.30 O $10.03 O $8.33