The FCFE model assumes that dividend-paying capacity is reflected in FCFE. True False In the FCFE model, the intrinsic value of stock is calculated by discounting expected future FCFE to present value. True False The FCFE model cannot be used for stocks that do not, or are not expected to, pay dividends in the near future. True False Dividend discount models can be used for a stock that does not currently pay a dividend but is expected to pay a dividend. True False