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Neymar Taco Company receives a $75,000, 6-year note bearing interest of 4% (paid annually) from a...

Neymar Taco Company receives a $75,000, 6-year note bearing interest of 4% (paid annually) from a customer at a time when the discount rate is 6%.

What is the present value of the note received by Neymar? (Round answer to 2 decimal places, e.g. 25.25.)

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