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Excel 2010 gives me 'corrupt file, can't open' when trying to open older versions from others

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I can open my own older version Excel files but when a colleague sends me one, Excel opens but gives me the message 'The file is corrupt and cannot be opened.'  Before I got Office 2010 I was able to open files sent from these colleagues with no trouble.  It happens from different colleagues employed at different businesses.  I found that by using Corel I'm able to open these files but really don't want to use Corel instead of MS if I don't have to.

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