What is the credit spread by using the question 1 and 2?

question 1

GRX company has a 5 year maturity with a face value of $1000 and coupon rate is 2.4% per year. The coupon is paid semi-annually. The yield to maturity is 3.5% per year. What is the value of this bond? (Hint: since the cash flows are semi-annual, you need to adjust every input accordingly when you use time value of money formulas.)

question. 2

U.S. Treasury department has a 5 year maturity with a face value of $1000 and annual coupon rate is 2.4%. The yield to maturity is 2.4%. The coupon is paid semi-annually. What is the value of this bond? (Hint: since the cash flows are semi-annual, you need to adjust every input accordingly when you use time value of money formulas.)