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The speaker is working on a mail merge and encounters an issue with formatting currency in the merge fields. The spreadsheet contains an amount (2000), but during the mail merge, it appears as plain "2000" instead of formatted with a dollar sign, commas, or decimal places. To resolve this, the speaker explains the need to add a switch to the merge field code to achieve the desired format. They demonstrate accessing the merge field using "Alt + F9" to edit it and plan to paste the necessary code to display the currency correctly. The speaker acknowledges that this is a rarely performed task for them and had to look up the switch needed.
