The File menu contains a View Clipboard submenu that displays the different types of data that are stored in the Windows clipboard (if any). Selecting the various data types will cause V to view the corresponding data just like it was viewing a file.
V can only view the clipboard data as text/hex. It cannot launch another program to view the clipboard data. For example, it cannot launch your image viewer to view bitmap data. However, you can save the data to a file and then use your image viewer to view that file.
Some data types cannot be viewed. If this is the case, the data type will be disabled on the menu.
The clipboard contents can be printed - just like a normal file.