Answer if the given statement is True or False , and please give explanation

The weighted average cost of capital is the discount rate that is used to compute the present value of a project. A negative net present value means that the weighted average cost of capital is above the internal rate of return of the project. In a foreign exchange market, an increase in demand for foreign exchange will cause a shift in the demand curve for foreign exchange to the right. This, in turn, will lead do a depreciation of the domestic currency