MS Word
Text boundary can be displayed or hidden from

All of the listed here
Options from Tools menu
Customize from Tools menu
Auto text option from lnsert menu

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MS Word
How can you apply exactly the same formatting you did to another text?

All of above
Select the text then click on Format Painter and select the new text
Copy the text and click on Paste Special tool on new place
Copy the text and paste in new location. Then type the new text again

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