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In this Microsoft Word tutorial, the presenter demonstrates how to create a customizable letterhead. The tutorial covers the process of designing graphics and text, allowing users to manipulate and position these elements. Viewers will learn to insert shapes, specifically rectangles, at the top and bottom of the letter. The presenter shows how to use the shape format options to fill and outline shapes, followed by instructions to position them appropriately. Additionally, the tutorial explains how to save the letterhead as a template, enabling easy reuse and customization for future letters.