1.Type a text Link in
your Dreamweaver workspace.
2. Now select the text "Link" on which you are going to
add link.
3. Now suppose if you want to add the link of yahoo page. Your url
would be http://yahoo.com 4. So type the url in your property inspector panel as shown
in pic. Now press enter.
5. If you feel that page should open up in new window then select
the option from Target as _blank or any of the given options.
6. You can choose color, size, font type etc. from this pannel.
I've kept size-3, color - meroon, font - Default.
Play around and see how the other button works. You can also align
the link text.