Your broker has proposed that you pay $66500 today for an ordinary annuity of $7000 per year for 11 years Your opportunity cost of funds is 8.43% and the return from this investment is tax-free. How much should you pay today for the ordinary annuity? Present your answer as a whole number to two decimals (including the $ symbol), e.g. $3210.65 (25\% marks will be deducted if the $ symbol is not provided)