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<?php

  $mylink = get_field('mylink');
  var_dump($mylink);
  
  /*
  Outputs:
  
  array(3) {
    ["url"]=>
    string(31) "http://mysite.com/selected/url/"
    ["title"]=>
    string(10) "Link Title"
    ["target"]=>
    string(6) "_blank"
  }*/

?>