FCFE AND DISCOUNT DIVIDEND VALUE - Most firms can be valued using FCFE and discount dividend valuation models. Which of the following statements would you most agree with on the relationship between these two values? THE FCFE value will always be higher than the discount dividend value. The FCFE value will usually be higher than the discount dividend value. The discount dividend value will always be higher than the FCFE value. The discount dividend value will generally be equal to the FCFE value.