Use the Following Statements to Answer This Question

question 94

Multiple Choice

Use the following statements to answer this question:

• A) I and II are correct.
• B) I and II are incorrect.
• C) I is correct and II is incorrect.
• D) I is incorrect and II is correct.
• I.Using real cash flows with a real discount rate yields the correct result.
• II.Tax savings for CCA are normally reported in a given year dollars,so they are real values.