Hyperlink to a local file word

Hi i have this two hyperlinks, both redirecting to the same file in the same server, the top one i writted myself, the bottom one contained a different link and i used Find and Replace function but it not works by any means and i have to replace 100 hyperlinks with the top one link. Can someone pls explain why the bottom one does not work

The warning is in portuguese but it says:

Cannot open the specified file.