You buy a 5 year bond with a 8% coupon rate, a YTM of 8% and a $80,000 face value. What will your annualized holding period return (HPR) on this investment be if you hold the bond for 5 years, the YTM on the bond when you sell it equals 5% and you can reinvest coupons at 4%? Express your answer in without a percent sign, using 3 decimals (12.345% = 12.345).