Are FCFE Models separate from Dividend Discount Models?

Group of answer choices

Yes, because FCFE measures how much cash is left in the business after non-equity claimholders (debt and preferred stock) have been paid, and after any reinvestment needed to sustain the firms assets and future growth.

Yes, because FCFE is cash flow generated by the firm before debt payment but after reinvestment needs and taxes.

Yes, because FCFE includes both dividends and stock buybacks

No, because FCFE is the amount of cash flow paid back in dividend form