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Default Conditional If Statements

Hello--I am a novice with respect to conditional if statements. I
would like to express the following in a formula:

If cell A =5 AND cell B2, return Red
If cell A<=5 AND cell B=0, return Green
If cell A=5 AND cell B=0 OR Cell A<=5 AND cell B=2-5, Return Yellow.

I know this is a lot. What I would like to know is whether it is even
possible to include this many conditions.

Thanks!
 
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