If a formula is surrounded by {}, it indicates that the formula
is an array formula. See www.cpearson.com/excel/array.htm for
more details. If the curly braces are within a formula, enclosing
a list of data items, the braces indicate that those items
comprise an array of values.


--
Cordially,
Chip Pearson
Microsoft MVP - Excel
Pearson Software Consulting, LLC
www.cpearson.com





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