A bond currently trades at $$1008$ on the secondary market. The bond has $20$ years until maturity and pays an annual

coupon at $5\%$ of face value. The face value of the bond is $$1,000.$ What is the coupon $($or current$)$ yield for this

bond? $($Enter your answers as a decimal rounded to $4$ decimal places, not a percentage. For

example, enter $0\mathrm{.}0843$ instead of $8\mathrm{.}43\%)$

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