Does VBA code executes in MS Excel reader only with password

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I have written nice programs MS excel using VBA. I want to protect the code and also copyright it so that my name will always be displayed. But, my question is will the user be able to see the results which is a computation done in VBA code if I set the document as read only? The users can enter creative data and find relevant results. Di, some creeks should be suitable. Most of the cells should be read only. And, lastly, VBA code should execute all the time. Is it a possible thing?

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