Question 12 (1 point) West Tool Company is expected to pay a dividend of $1.0 in Year 1 and $1.4 in Year 2. Analysts expect the price of West Tool Company shares to be $16 two years from now. What is the intrinsic value of West Tool Company stock if the market capitalization rate of the company is 12%? Round your answer to two decimal places and enter without the dollar sign Your Answer: Answer Question 13 (1 point) Saved Question 23 (1 point) Saved Consider a bond with a B% yield and a duration of 7.35 years. The current bond price is $970. If the bond's yield decreases by 30 basis points (ie., 0.3%), what is the change in the bond's price? Enter your answer without the dollar sign, rounded to two decimal places