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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def _nicetitle(coord, value, maxchar, template):
 """ Put coord, value in template and truncate at maxchar """

    prettyvalue = format_item(value, quote_strings=False)
    title = template.format(coord=coord, value=prettyvalue)

    if len(title) > maxchar:
        title = title[:(maxchar - 3)] + '...'

    return title