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Default Changing text color within a formula???

I have a formula that displays text and values, and I would like to
format the values so they are red if they are negative.

example: =if(a1<0,red(a1),a1) where the word red is to indicate that I
would like that text to show in red.

Not sure if my description is adequate, but I would be happy to clarify
if required.

Thanks in advance,
cTK

 
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