Delta Electric Company, based in Texas, just sold electrical equipment to a customer in Kuwait, with the payment of USD 5,000,000 due in six months. The payment will be made with a bankers' acceptance issued by Commercial Bank of Kuwait at a fee of 2% per annum. If Delta's WACC is 12% per annum and it holds the bankers' acceptance to maturity, what is the annualized percentage all-in-cost? Hint: All-in-cost = Total costs/Amount received 13.02% O 12.02% 14.02% 0 6.01% 0 6.51% O