Strong name or full path of an assembly that contains user-defined functions, which Excel Calculation Services can call. ...

Strong name or full path of an assembly that contains user-defined functions, which Excel Calculation Services can call. Valid values: an assembly strong name (for a GAC location), for example SampleCompany.SampleApplication.SampleUdf; or a file path (for a File location), for example \\MyNetworkServer\UDFs\SampleUdf.dll.
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