Assuming a flat government yield curve of 4.5%, the analyst determines that the price per hundred of par of a risk free 3-year zero coupon bond is $87.63. Consider a 3-year zero coupon bond that has a 2.25% risk of default in a given year. The analyst determines further that this bond requires a credit valuation adjustment (CVA) of $3.50 per hundred of par to be marketable. Answer the following to two decimal places.

The analyst determines that the fair price for this bond per hundred of par is: $______

The corresponding G-spread for this risk bond is _____ %

Please show work