Using $ signs (absolute and relative referencing)

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Why the ability to use absolute and relative referencing ($ signs) is such an important part of the financial modelling process.

The bad news is that this is a critical skill. You need to be able to easily work with $ signs in Excel formula so that when you create the formula it will correctly copy and paste to other areas.

This skill is the difference between building one formula and copying it a thousand times or building the formula a thousand times.

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