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Default compare 2columes of name

Please is there a way I can compare two columns of names and getting a true
or false response in the third column, the downside is that the names in each
column are a combination of first, middle and last names that have been
concatenated together (These comparison are in thousands). Help please. thanks

E.G
column 1 column 2
John M James Doug S Smith
Mike j john kate Johnson
Hans Kible Lilly T Hanson
 
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