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Default Counting the number of unique values within a range

I would be most grateful if someone could offer me some help.

I need to count the number of unique values within a column range. Each
value consists of a series of alpha and numberical characters.

I have used the formula below but it keeps crashing my spreadsheet:

=SUMPRODUCT((1/COUNTIF(A1:A5,A1:A5&"")))

Any help or advice would be greatly appreciated.
 
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