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Default Formula: =PROPER(text), won't display result.

I'm entering the formula in cell D2, referencing text in cell C2 to convert
it to the proper case. Not only will the result not display in cell D2, but
I'm not able to fill the formula down the column and reference the other
cells in column C. When I try to drag and drop, it is only copying the
formula =PROPER(C2)
 
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