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Create a name to represent a formula or a constant
 
  1. On the Insert menu, point to Name, and then click Define.
  2. In the Names in workbook box, enter the name for the formula.
  3. In the Refers to box, type = (equal sign), followed by the formula or the constant (constant: A value that is not calculated and, therefore, does not change. For example, the number 210, and the text "Quarterly Earnings" are constants. An expression, or a value resulting from an expression, is not a constant.) value.
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