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Default Linking duplicate file

Hi,

I have an excel file stored in Location 1, and would like to duplicate this
file into Location 2. Edit and update will be done to the original file in
Location 1 only. I would like to link the duplicated file in Location 2 to
the location 1 file, so everytime it get updated, the duplicated file in
location 2 will automatically get update everytime I open it.

Kindly advise whether such link is possible and how?

Would it make any difference if Location 1 and 2 are both in the same
server, but different folder, and;

if Location 1 is a server and Location 2 is a local hard drive, do I link
the files the same way as if both file are stored in the same server?

Regards,
Mike
 
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