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A promissory note has a face value of $4500 and it carries an interest rate of 8.73% for a period of 4 months (including the

A promissory note has a face value of $4500 and it carries an interest rate of 8.73% for a period of 4 months (including the period of grace). It is sold 3 months before the legal due date. What is the present value of the note on the date of sale if money is worth 8.2%?

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