How do I know the color of a selected text in my Photo-Paint X7 project?

When I paste a block of text into an already formatted text box, the newly inserted text keeps its original font color and style. Is there a way to "merge formatting" while pasting text  Is there any tool like "Format painter"? If these are not possible I have to manually change the color of the newly inserted text but I don't know what the exact color of the already formatted (earlier) text. How can I determine the color of a selected text?

Thanks in advance.