Assume the credit terms offered to your firm by your suppliers are 2/10, Net 30. Calculate the effective annual cost of the trade credit if your firm does not take the discount and pays on day 30. The rate is closest to: a. 24% b. 72% O c. 36% d. 38.27% Oe. 44.6% Question 15 Not yet answered Marked out of 5.00 Flag question To secure additional funding a private company is looking for a strategic partner. This would best qualify as funding from a. Angel Investor O b. Private Equity OC. Venture Capital od. Institutional Investor O e Corporate Investor