Highlight (holding down your left mouse and moving your cursor over the entire url/link)
When all is highlighted hit Ctrl C on your keyboard - you have now copied the link
Lets say you want the word 'Bingo' to be embedded with the above url...
Here's what you do:
1) You highlight Bingo
2) You select the Insert Link icon
3) a pop up window appears - you remove the http:// already there
4) You paste in your link (Hit Ctrl V on your keyboard)
The link is now embedded.
I took screenshots on my computer which obviously is set to Danish hence the gibberish (to most) text in the pop up box. Don't mind that..