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Default Formula snafu

I am baffled. I received a challenge to edit the date in one column. It's a
number that is formatted as a string.
I figured no problem so I entered a formula in an adjacent cell
"=right(D3,4)" and the only thing displayed is the formula (in the cell)!

I tested a different column and got the same thing. So I changed the
formula to point to a cell that had a name in it. The name was then
displayed in the new cell. I then went back to the same cell with the
formula that pointed to the persons name and re-entered the formula and guess
what, it now only displays the formula and not the persons name.

Is there some security issue I'm dealing with in this spreadsheet if so how
do I turn it off?


 
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