Word count in Microsoft Excel

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Microsoft Excel
So in Microsoft Word, I'm easily able to count the words in a document. How can I count words in a Microsoft Excel file? I don't see it anywhere. Is there an easy solution for this? Thanks for the help.

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1) Open the file

2) Save it in unicode text format (*.txt).

3) Open it with Word

4) Use the word-count function of word. Et voila!

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