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When I edit a hyperlink in Workbook 1 and select another .XLS workbook as the hyperlink target, the target workbook immediately changes to Read-Only, even though it was not Read-Only before. This happens with different .XLS workbooks.
The same files work perfectly on another PC with an older version of Excel, so the issue appears to be specific to Microsoft 365 Excel.
I have already checked Protected View, File Block Settings, and COM Add-ins, and Microsoft 365 is fully updated. I also tried Office Quick Repair.
Has anyone experienced the same issue or found a solution?