Add watermark or "DRAFT" to each page.

How would I add a watermark such as "DRAFT" across each page
of a report? It could be one large diagonal "DRAFT" across the page,
or maybe 3 large "DRAFT" lines running horizontally across the page.
It would be nice if the word "DRAFT" was somewhat transparent so
the report's data could show through. Thank you, Joby

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