I created a very simple project using the WCF class library template, and now I'm trying to run it in Visual Studio. There is no compilation error, but when the Test Client WCF window opens, I get this dialog with the Exception, and I cannot understand what is happening:

Here is a complete description of the Exception:
************** Exception Text **************
System.NullReferenceException: Object reference not set to an instance of an object.
at Microsoft.Tools.Common.SdkPathUtility.GetRegistryValue(String registryPath, String registryValueName)
at Microsoft.Tools.Common.SdkPathUtility.GetSdkPath(Version targetFrameworkVersion)
at Microsoft.Tools.TestClient.ToolingEnvironment.get_MetadataTool()
at Microsoft.Tools.TestClient.ServiceAnalyzer.GenerateProxyAndConfig(String projectPath, String address, String configPath, String proxyPath, Int32 startProgressPosition, Int32 endProgressPostition, BackgroundWorker addServiceWorker, String& errorMessage)
at Microsoft.Tools.TestClient.ServiceAnalyzer.AnalyzeService(String address, BackgroundWorker addServiceWorker, Single startProgress, Single progressRange, String& errorMessage)
at Microsoft.Tools.TestClient.Workspace.AddServiceProject(String endpoint, BackgroundWorker addServiceWorker, Single startProgress, Single progressRange, String& error)
at Microsoft.Tools.TestClient.AddServiceExecutor.Execute(AddServiceInputs inputs, Workspace workspace, BackgroundWorker addServiceWorker)
at Microsoft.Tools.TestClient.UI.MainForm.addServiceWorker_DoWork(Object sender, DoWorkEventArgs e)
at System.ComponentModel.BackgroundWorker.OnDoWork(DoWorkEventArgs e)
at System.ComponentModel.BackgroundWorker.WorkerThreadStart(Object argument)
************** Loaded Assemblies **************
mscorlib
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34209 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.NET/Framework/v4.0.30319/mscorlib.dll
----------------------------------------
WcfTestClient
Assembly Version: 12.0.0.0
Win32 Version: 12.0.21005.1 built by: REL
CodeBase: file:///C:/Program%20Files%20(x86)/Microsoft%20Visual%20Studio%2012.0/Common7/IDE/WcfTestClient.exe
----------------------------------------
System
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34239 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System/v4.0_4.0.0.0__b77a5c561934e089/System.dll
----------------------------------------
System.Windows.Forms
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34209 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.Windows.Forms/v4.0_4.0.0.0__b77a5c561934e089/System.Windows.Forms.dll
----------------------------------------
System.Drawing
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34209 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.Drawing/v4.0_4.0.0.0__b03f5f7f11d50a3a/System.Drawing.dll
----------------------------------------
System.Configuration
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34209 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.Configuration/v4.0_4.0.0.0__b03f5f7f11d50a3a/System.Configuration.dll
----------------------------------------
System.Xml
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34230 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.Xml/v4.0_4.0.0.0__b77a5c561934e089/System.Xml.dll
----------------------------------------
System.ServiceModel
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34230 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.ServiceModel/v4.0_4.0.0.0__b77a5c561934e089/System.ServiceModel.dll
----------------------------------------
System.Core
Assembly Version: 4.0.0.0
Win32 Version: 4.0.30319.34209 built by: FX452RTMGDR
CodeBase: file:///C:/Windows/Microsoft.Net/assembly/GAC_MSIL/System.Core/v4.0_4.0.0.0__b77a5c561934e089/System.Core.dll
----------------------------------------
I have only two files in my project, IProductService:
namespace LayerNorthwindService
{
[ServiceContract]
public interface IProductService
{
[OperationContract]
Product GetProduct(int id);
[OperationContract]
bool UpdateProduct(Product product, ref string message);
}
[DataContract]
public class Product
{
[DataMember]
public int ProductID { get; set; }
[DataMember]
public string ProductName { get; set; }
[DataMember]
public string QuantityPerUnit { get; set; }
[DataMember]
public decimal UnitPrice { get; set; }
[DataMember]
public bool Discontinued { get; set; }
}
}
And ProductService:
namespace LayerNorthwindService
{
public class ProductService : IProductService
{
public Product GetProduct(int id)
{
var product = new Product();
product.ProductID = id;
product.ProductName = "Product name";
product.UnitPrice = 10.0m;
product.QuantityPerUnit = "fake QPU";
return product;
}
public bool UpdateProduct(Product product, ref string message)
{
var result = true;
if (product.UnitPrice <= 0)
{
message = "Prince cannot be <= 0";
result = false;
}
else if (string.IsNullOrEmpty(product.ProductName))
{
message = "product name cannot be empty";
result = false;
}
else if (string.IsNullOrEmpty(product.QuantityPerUnit))
{
message = "QPU cannot be empty";
result = false;
}
else
{
message = "product updated successfully";
result = true;
}
return result;
}
}
}