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Default Workday Function in Excel 2007

When I open up a spreadsheet that was created in 2003 inside of 2007 that has
the workday function in the sheet I get a #REF! error. The actual formula
changes to "=#REF!(Today(), -1, Holidays!A1:A5)". I also have made sure that
the Analysis ToolPak Add-In is installed. In fact, I uninstalled the add-in
and re-installed it to make sure that wasn't the issue. DOes anybody have an
explination for this behavior or is this a bug?

Thanks - Jeff
 
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