So I am currently studying for a finance final and am working on solving one of the example problems. If you're doing DCF analysis and you bought a piece of land 5 years ago for $1,000,000 and it sells today for $1,312,500, how would you go about inputing this into an analysis. Do you have to account for the capital gain and tax that? Does this go into year zero for opportunity cost? Do you just put the 1312500 into year zero opportunity cost?