Dutex Oy is expected to earn 1.80 euro per share next year. It is following a dividend-payout ratio of 50% in perpetuity. Dutex estimates a return on equity (RoE) of 14.0% per year on all retained earnings. The target debt-to-equity ratio is 2.0, before-tax cost of debt is 7.50%, and the cost of equity is same as RoE. Dutex pays corporate income tax at 20.0% rate.

1. What is the discount rate (r) and perpetual growth rate (g) of Dutex?
2. Calculate the price of one share of Dutex using dividend growth model.
3. Calculate the price of one share of Dutex using NPVGO model.