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Default Imposing a limit on Min function

I have a variety of bids and am attempting to pick the lowest bid above a
minimum of 50% of the current price (since presumably anything less isn't
feasible).

Currently I have this function:
=IF(MIN($BF3:$IV3)=0,"",MIN($BF3:$IV3))
and would like to make the last value be the minimum down to 50% of the
price in cell D3.

Thanks very much.
 
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