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Default Simplify formula please

I am getting confused trying to simplify these two formulas into one. I
currently have them in two separate cells and would like to get them into a
single cell.

=IF(AND(OR($B2="FF00",$B2="BE00",$B2="LU00"),$E20 ,AND($L2<-0.5,$L2=-0.7)),6,"")

=IF(AND(OR($B2="FF00",$B2="BE00",$B2="LU00"),$E20 ,AND($L2<-0.7,$L2=-1)),7,"")


As you can see, the only difference is in the L2 values and the value to
return. I'm getting lost!

Thanks

Irie
 
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