MS Excel
To delete an embedded objects, first

Select it and then press the delete key
Select the object by clicking it
Double click the object
Press the Shift + Delete keys

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MS Excel
When you want to insert a blank embedded excel object in a word document you can

Click the object command on the insert menu
Click the create worksheet button on the formatting toolbar
Click the office links button on the standard toolbar
Click the import excel command on the file menu

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