Question: Hi! I am completing a DCF project valuation in excel. In Year 0 I have included the capex and working capital. If my project is

Hi!

I am completing a DCF project valuation in excel.

In Year 0 I have included the capex and working capital. If my project is for 10 years: in year 10, how to I incorporate working capital and capex into my final year cash flow calculations?

I know I've read somewhere that its needed at the start and finish, but I may be wrong!

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