DF-Working Capital

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September 6, 2020 at 8:16 pm #583721
adarsh1997
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Hello,

In chapter 8, example 3, why the 10% working capital is in year 0 but not in year 1.

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September 7, 2020 at 9:40 am #583746
John Moffat
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Time 0 is the start of the first year and working capital is required at the start of the year.
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