Under the other assumptions given, what spread (in rounded basis points) would make the value of the CDS equal to zero?

\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Assumptions } & & & & & & & & & & & \\ \hline Notional principal & 50,000,000 & & & & & & & & & & & \\ \hline Spread (bps) & 250 & & & & & & & & & & & \\ \hline Default probability (annual) & 3.40% & & & & & & & & & & & \\ \hline \multirow[t]{2}{*}{ Recovery rate } & 50.00% & & & & & & & & & & & \\ \hline & & Survival & Default & \multicolumn{3}{|c|}{ Payment from Buyer (if no default) } & \multicolumn{3}{|c|}{ Payoff to Buyer (if default) } & \multicolumn{3}{|c|}{ Accrual from Buyer (if default) } \\ \hline Year & Disc. Rate Cc & Probability & Probability & Payment & Expectation & PV & Payoff & Expectation & PV & Accrual & Expectation & PV \\ \hline 1.0 & 5.00% & 0.9660 & 0.0340 & 1,250,000 & 1,207,500 & 1,148,610 & 25,000,000 & 850,000 & 829,013 & 625,000 & 21,250 & 20,725 \\ \hline 2.0 & 5.01% & 0.9332 & 0.0328 & 1,250,000 & 1,166,445 & 1,055,232 & 25,000,000 & 821,100 & 761,656 & 625,000 & 20,528 & 19,041 \\ \hline 3.0 & 5.05% & 0.9014 & 0.0317 & 1,250,000 & 1,126,786 & 968,380 & 25,000,000 & 793,183 & 699,107 & 625,000 & 19,830 & 17,478 \\ \hline 4.0 & 5.10% & 0.8708 & 0.0306 & 1,250,000 & 1,088,475 & 887,611 & 25,000,000 & 766,214 & 640,957 & 625,000 & 19,155 & 16,024 \\ \hline 5.0 & 5.10% & 0.8412 & 0.0296 & 1,250,000 & 1,051,467 & 814,799 & 25,000,000 & 740,163 & 588,379 & 625,000 & 18,504 & 14,709 \\ \hline 6.0 & 5.12% & 0.8126 & 0.0286 & 1,250,000 & 1,015,717 & 747,063 & 25,000,000 & 714,998 & 539,520 & 625,000 & 17,875 & 13,488 \\ \hline 7.0 & 5.14% & 0.7849 & 0.0276 & 1,250,000 & 981,183 & 684,685 & 25,000,000 & 690,688 & 494,520 & 625,000 & 17,267 & 12,363 \\ \hline 8.0 & 5.16% & 0.7583 & 0.0267 & 1,250,000 & 947,823 & 627,264 & 25,000,000 & 667,204 & 453,092 & 625,000 & 16,680 & 11,327 \\ \hline Expected Payoff to Buyer & 5,006,244 & & & & & & & & & & & \\ \hline Expected Payments from Buyer & 7,058,799 & & & & & & & & & & & \\ \hline CDS Value to Buyer & $(2,052,556) & & & & & & & & & & & \\ \hline \end{tabular}