File: Click on Edit and you get the drop down as shown below:
Toolbar 1 - Edit
TOOLBARS ~ Toolbar 1 ~ Edit
1
Undo text edit  - Removes your last text edit.  Allows you to revert back multiple steps

Redo - Re-applies the text edit. Allows multiple steps.

Cut - Cut out (remove) a piece of text or graphic to paste in another section of the current page.

Copy - Copies a piece of text or graphic that you can then paste onto another page. It will paste into the exact position it held on the original page.

Paste - Pastes the content you cut or copied.

Clone - Makes a copy of the selected text or graphic which you then move to the desired position.

Check Spelling - Checks the entire page for spelling errors if nothing is selected.  Selecting a text box will yield a Spell Check for that box only.

Preferences - Proxy info that allows you to connect through a Proxy server such as AOL or CompuServe.
Undo Text Edit          Redo                        
Cut                    
Copy                        
Paste                  
Clone    
Select All
Delete    
Rename File
Check Spelling

Ctrl + Z             
Ctrl + Y                     Ctrl + X 
Ctrl + C                   Ctrl + V  
------                        Ctrl + A
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EDIT
Available keyboard shortcuts are shown to the right of editing options in the toolbar. 
Homestead Connection Home Page
NEXT:
Toolbar 1 - Format
TOOLBARS ~ Toolbar 1 ~ Format
Toolbar Edit Menu
Keyboard Shortcuts
Following are keyboard shortcuts that can be used in Homestead SiteBuilder in the Edit Menu:
1
Properties Editor Main Page
Properties Editor - Basics Tab Page
Properties Editor Meta Tags Tab Page
Properties Editor Advanced Tab Page
Properties Editor Text Basics Page
Properties Editor Linking Text Page
Toolbars Main Page
Toolbar 1 - File Page
Toolbar 1 - Edit Page
Toolbar 1 - Format Page
Toolbar 1 - View Page
Tools Main Page
Toolbar 2 - Task Bar
Toolbar 3 - Element Bar
Toolbar 4 - SiteBuilder Bar
Toolbar 5 - Element Selector
Add An Image