A company has bonds on the market with 11 years to maturity, a yield to maturity of 5.5 percent, a par value of $1,000, and a current price of $950. The bonds make semiannual payments. What must the annual coupon rate be on these bonds? Enter your answer as a decimal number (not as a percentage number) with 4 digits to the right of the decimal point in the box shown below.