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Default can excel produce text in a given cell as a result of a boolean operation?

I have a table consisting of a number of values, either TRUE, FALSE, or a
text value, e.g. 'XYZ, and I want to perform an IF operation on a
combination of OR's and AND's resulting in either 1, 0, or 'XYZ.

How can I force excel to do that?

thanx,

Richard


 
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