Print of watermark incomplete in Word, i.e. C P for COPY

[Ducks]

When invoking the watermark command and text watermark, have selected the
word COPY. Upon printing it appears C P without the letters O and Y. How does
one correct?
Thank you

 

[garfield-n-odie [MVP]]

Uncheck the "Semitransparent" box in the Watermark dialog box.