=DATEVALUE("7/1/20"&MID(C3,13,2)) creates error

[Gary]

=DATEVALUE("7/1/20"&MID(C3,13,2)) creates error.

Automatic Error Checking reports this as a "Text date with 2 digit Years".
Formula otherwise works.

BTW - c3="School Year 06-07"

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[Dave Peterson]

This didn't get flagged:

=DATE("20"&MID(C3,13,2),7,1)