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Default Defined name value error

I have created a defined name for a cell b5 containing a phone # and named it
"Phone". When I want to access it by typing " =Phone" , I get a value error.
Of course when I type "=b5" I get the correct value ( the phone #). I have
this problem with all of the defined names that I have created in the
workbook. Any idea what the problem is?
 
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