Assume you can buy a warrant for $6 that gives you the option to buy one share of common stock at $14 per share. The stock is currently selling at $18 per share. What is the intrinsic value of the warrant? What is the speculative premium on the warrant? If the stock rises to $29 per share and the warrant sells at its theoretical value without a premium, what will be the percentage increase in the stock price and the warrant price if you buy the stock and the warrant at the prices stated above? Note: Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places