Uses of Capital (2022 CFA® Level I Reading 28 – Corporate Issuers)

Crush CFA Level I Corporate Issuers – Uses of Capital. This lesson covers the capital allocation process, NPV vs IRR (with calculator steps), project types (replacement, expansion, regulatory), real options (timing, sizing, flexibility, abandon), and common pitfalls. Learn how investment decisions drive firm value and share price. Level I CFA® Program Video Lessons offered by AnalystPrep For All of the Videos (60 Readings), plus Level I Study Notes, Practice Questions, and Mock Exams: https://analystprep.com/shop/cfa-leve... Topic 4 – Corporate Issuers Reading 28 – Uses of Capital 0:00 Introduction 1:49 LOS: Describe the capital allocation process and basic principles of capital allocation. 21:07 LOS: Demonstrate the use of net present value (NPV) and internal rate of return (IRR) in allocating capital and describe the advantages and disadvantages of each method. 40:10 LOS: Describe expected relations among a company’s investments, company value and share price. 44:19 LOS: Describe types of real options relevant to capital investment. 49:39 LOS: Describe common capital allocation pitfalls. #CFA #CFALevel1 #CorporateIssuers #UsesOfCapital #NPV #IRR #ExamPrep