rennin dairy corporation is considering a plant expansion decision that has an estimated useful life of 20 years. this project has an internal rate of return of 15% and a payback period of 9.6 years. how would a decrease in the expected salvage value from this project in 20 years affect the following for this project? internal rate of return payback period a) decrease decrease b) no effect decrease c) decrease no effect d) increase no effect e) no effect no effect multiple choice choice a choice b choice e

The payback period defines how long it will take a company to recover its initial investment in cash flows. The internal rate of profit is the expected rate of return on a project; if it is greater than the amount of capital, the project is a good one.

The internal rate of return (IRR) is a financial analysis metric used to determine the profitability of potential investment opportunities. In a discounted cash flow analysis, IRR is a discount rate that renders the net present value (NPV) of all cash flows equal to zero. The payback period is the length of time needed to recoup the cost of an investment. Simply put, it is the amount of time it takes for an investment to reach its breakeven point.

For more information on internal rate of return (IRR), visit :

https://brainly.com/question/28860719

#SPJ4