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Default Giving value to a letter

Hello All,

I'm using Excel 2003. I would like to create a formula in which X=7.5
I would like to be able to write the following formula: =IF(B6=X,7.5,0)

If I place an X in the cell then the value of that cell is 7.5 I hope
I explain this correctly

Thank you in advance

 
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