Cash Flow from investing

CFA Level I FRA
#1

I am not sure about the explanation for Q61 on CFA Mock morning session:

Purchase os securities for trading purposes…240

Proceeds from the sale of trading securities…300

Proceeds from issuance of bonds…500

Purchase of 30% of the shares of an affiliated company…275

Question: What is the net CFI?

Answer: -275. Only the purchase of the shares in an affiliated company are CFI.

Ok, I get that, but what about the cash from bond issuance? Isn’t it also CFI? If not, what is it?

Could somebody please explain?

Cheers!

#2

It’s CFF, doh, it became clear after I read my post :slight_smile:

Sorry, I guess the heavy testing I did in the last couple of days are starting to wear me off. Maybe I should take a break.

Cheers! Good luck to all of the candidates taking the test on Sat!