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terpsichore

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easy one - display if Newrecord

Dear experts -
This should be trivial, but it is stumping me - I simply want to display the word "NEW" in a text box on a form if it is a new record.
I tried making the control source of the field:
=IIf(Form.newrecord=True,"NEW","")

But it keeps adding brackets and doesn't work.
Any idea?
Thanks!
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Rey Obrero (Capricorn1)
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terpsichore

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Thank you!!