According to Graham, this formula resulted from a study of various valuation methods and is to be considered an effective shorthand way of estimating the intrinsic value of stocks. The formula should ...
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The simple Excel function that decides if your formula spills or returns one value
If you decide to spill the results, you can then use the spilled range operator (#) to perform a calculation on the spilled range. Simply reference the first cell of the spilled range with a # ...
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