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Move or Copy a Formula. You can restructure or reorganize a worksheet by moving an existing formula to a different part of the worksheet. When you move a formula, Excel preserves the formulas range references. Excel also enables you to make a copy of a formula, which is a useful technique if you require a duplicate of the formula elsewhere or if you require a formula that is similar to an existing formula. When you copy a formula, Excel adjusts the range references to the new location. Move a Formula. Click the cell that contains the formula you want to move. Position over any outside border of the cell. The cursor changes. Click and drag the cell to the new location. Excel displays an outline of the cell. Excel displays the address of the new location. Release the mouse button. Excel moves the formula to the new location. Excel does not change the formulas range references. Copy a Formula. Click the cell that contains the formula you want to copy. Press and hold Control. Position o