A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
Pretty much everything related to this problem refers to the same cause/solution except one described in the following thread
How to fix 'Cannot start the source application for this object' for embedded items Error
https://www.reddit.com/r/excel/comments/5nezdk/...
Beyond that - don't have anything else to suggest if that doesn't work for you other then switching to Office Insider and report the issue to MS from inside Office by going to File --> Support --> Contact Support
If you're using a consumer Office sku - going to an Insider build is done by going to https://products.office.com/en-us/office-inside...
If you are using a Business sku of Office - getting an Insider build requires using the Office Deployment Tool
Alternative way to report to MS Support