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Facing error - Calculation Formula with Element

Hello,

I'm facing mentioned below error when am using calculation formula for element "The parameter name passed to the API was incorrect or missing."

Notes:

1- I was using the same logic for other element before and its working fine .. However fo any new element created its raising this error

2- Calculation formula has a very sample logic just to check

3- Whenever removing this calculation formula from element definitation level; It works fine and no error !!

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