Answer the following question:

Question 1: Garth wants to invest only in Investment grade bonds or better. His strategy is to hold the bond until maturity and he wants to earn a YTM of 8% or better. He is offered a bond with a coupon of 6% and 8 years to maturity at a price of $890.00. If he buys it will it meet his investment goals?

Question 2: Hallie is offered a bond with a face value of $5,000. It has a coupon of 6.75% and matures in 17 years. If Hallie requires a 5% return on her investment what would she be willing to pay for the bond?

Question 3: Isabella has just $750.00 to buy a bond that she likes. The bond matures in 6 years and has a coupon rate of 7%. If Isabella is able to buy the bond what rate of return will she earn?

Question 4: Zen recently bought a zero coupon bond for $245. It matures in 23 years and will pay $1,000 at maturity. What is the return that Zen will earn if he holds the bond until maturity?

Note: Explain all steps comprehensively.