Affleck Inc.'s business is booming, and it needs to raise more capital. The company purchases supplies on terms of 3/10, net 40, and it currently takes the discount. One way of acquiring the needed funds would be to forgo the discount, and the firm's owner believes she could delay payment to 95 days without adverse effects. What would be the effective annual percentage cost of funds raised by this action? (Assume a 365-day year.) a. 11.17% b. 13.97% c. 13.12% d. 13.28% e. 14.31%