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On the Insert tab, select WordArt.
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Choose the style you like, and then enter your text.
Tip: To convert existing text to WordArt, select the text, and then select Insert > WordArt.
Change the color
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Select the WordArt.
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On the Format tab, select Text Fill and Text Outline.
Choose a text effect
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Select the WordArt.
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On the Format tab, select Text Effects.
Rotate it
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Select the WordArt.
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Select the rotation handle and drag it.
Source: Microsoft