Serena Williams Corporation, having recently issued a $20,042,000,

Serena Williams Corporation, having recently issued a $20,042,000, 15-year bond issue, is committed to make annual sinking fund deposits of $621,400. The deposits are made on the last day of each year and yield a return of 10%.Determine the amount of deficiency.

Order your essay today and save 30% with the discount code: KIWI20