Elance Exams Answers PDF file

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What happens if you copy a cell containing the formula =G5/$F5 and paste it into another cell?

Both the row and column of the denominator might change, as Excel sees fit.
The denominator will always remain $F5.
The row in the denominator might change, but the column won't.
The column in the denominator might change, but the row won't.
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