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Default Conditional format based on adjacent cell value

Greetings all. I am trying to use conditional formatting for a cell based on
the value of the adjacent cell. So, I want cell T1 to change to red if U1 =
"No". I tried Formula is =IF(U1 = "No"), but I get a formula error. Could
this be done with a Macro instead? Thank you.

Greg
 
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