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This option allows you to rotate the selected object any angle (0-360 degrees) around the center of the selection which is represented by a small circle. The Rotation Angle Display will show the exact angle the object has been rotated.
Only objects can be rotated any given angle. Imported files are limited to being rotated 0, 90, 180, 270 degrees clockwise or counter-clockwise.
How to rotate an object to a given angle
Example

In this example, the arrow was rotated in a clockwise direction.