Question header Annual Worth 1 A company needs to consider betweeen options for road infrastructure maintenance while bidding for a tender Option. 1 carries an initial cost of 350 oxoRand followed by an annual cost of 25000 Rand Option 2 incurs an initial cost of 400 .000Rand followed by a cost of 35000 pand exery second year The lenderd project runs for a period of 10 years and the expected WACC during this penod is 9%. At what WACC rate will both options be of similar annual equmalence and NPV? Question header Annual Worth 1 A company needs to consider betweeen options for road infrastructure maintenance while bidding for a tender Option. 1 carries an initial cost of 350 oxoRand followed by an annual cost of 25000 Rand Option 2 incurs an initial cost of 400 .000Rand followed by a cost of 35000 pand exery second year The lenderd project runs for a period of 10 years and the expected WACC during this penod is 9%. At what WACC rate will both options be of similar annual equmalence and NPV