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Default Formula won't calculate

The formula is correct, but it will not calculate. I shows the syntax in the
cell instead and does not actually do the calculation. Often, if I cut and
paste the data I am working with into a new worksheet it will work, and
sometimes I have to do that 3 or 4 times before it will work, but it is a
very random issue. One of the other power users in my office has seen the
same problem. Has anyone else seen this and is there a fix?
 
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