Set Microsoft Excel 2016 document as read-only and password protected

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Microsoft Excel
I used to run Microsoft Excel 2010 and what was great about it was that I could set my documents as read-only and if one of my co-workers wanted to make any chances, they would need to put a password in. But now our company upgraded to Excel 2016 and I can't find that setting at all. Does anyone know where it is? Or did Microsoft just remove it?
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