7. The invoice price of a bond that a buyer would pay is equal to A. the asked price plus accrued interest. B. the asked price less accrued interest. C. the bid price plus accrued interest. D. the bid price less accrued interest. E. the bid price. 8. A coupon bond is reported as having an ask price of 108% of the $1,000 par value in the Wall Street Journal. If the last interest payment was made one month ago and the coupon rate is 9%, the invoice price of the bond will be A. $1,087.50. B. $1,110.10. C. $1,150.00 D. $1,160.25. E. None of the options 9. The bond market A. can be quite "thin." B. primarily consists of a network of bond dealers in the over-the-counter market, C. consists of many investors on any given day. D. can be quite "thin" and primarily consists of a network of bond dealers in the over-the-counter market. E. primarily consists of a network of bond dealers in the over-the-counter market and consists of many investors on any given day