Use the Following Statements to Answer This Question

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.