Financial Statement Analysis Case Commonwealth Edison Co The following article appeared in the Wall Street Journal Bond Markets Giant Commonwealth Edison Issue Hits Resale Market With $70 Million Left Over NEW YORKCommonwealth Edison Co 's slow selling new 9 bonds were tossed onto the resale market at a reduced price with about $70 million still available from the $200 million offered Thursday, dealers said The Chicago utility's bonds, rated double A by Moody's and double A minus by Standard Poor's, originally had been priced at 99 803, to yield 9 3 in 5 years They were marked down yesterday the equivalent of about $5 50 for each $1,000 face amount, to about 99 25, where their yield jumped to 9 45 Instructions (a) How will the development above affect the accounting for Commonwealth Edison 's bond issue (b) Provide several possible explanations for the markdown and the slow sale of Commonwealth Edison's bonds

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Financial Statement Analysis Case Commonwealth Edison Co  The following article appeared in the Wall Street Journal   Bond Markets Giant Commonwealth Edison Issue Hits Resale Market With $70 Million Left Over NEW YORKCommonwealth Edison Co 's slow selling new 9  bonds were tossed onto the resale market at a reduced price with about $70 million still available from the $200 million offered Thursday, dealers said  The Chicago utility's bonds, rated double A by Moody's and double A minus by Standard   Poor's, originally had been priced at 99 803, to yield 9 3  in 5 years  They were marked down yesterday the equivalent of about $5 50 for each $1,000 face amount, to about 99 25, where their yield jumped to 9 45   Instructions (a) How will the development above affect the accounting for Commonwealth Edison 's bond issue  (b) Provide several possible explanations for the markdown and the slow sale of Commonwealth Edison's bonds

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Financial Statement Analysis Case Commonwealth Edison Co. The following article appeared in the Wall Street Journal .

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Financial Statement Analysis Case Commonwealth Edison Co. The following article appeared in the Wall Street Journal .

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