Please make sure to include detailed step-by-step calculations. If possible, describe what you are doing in each step so I can learn the methodology for future problems. Will leave a thumbs up regardless! Thank you :)

2.a) A $1,000,20-year bond with an annual coupon interest rate of 14 percent is selling at $1,300. Compute the YTM b) What is the effective annual yield if interest of 7% is paid semiannually (instead of the 14% annual payment)? c) What is the quoted yield