Yes on the spare master to use to pump out the stuck one.
That's what I did to extract the rear master piston on my 78 750F rescue.
Yes, connect the two master cylinder outputs together, bleed and pump.
I don't recall doing anything with the bleed hole in the stuck master. But, mine was stuck in the compressed position. IIRC, working the piston back and forth a few times allowed the internal return spring to push the master's piston out enough to grab on to.
Should work for you, too.
Cheers,