d. Continuous budgeting. 23. Which of the following is an assumption of capital budgeting? The firm can raise new funds at the same opportunity costs as the opportunity cost of the funds it already has on hand. a. b. The firm can raise new funds at the 30-year Federal funds rate The firm can raise new funds at the prime interest rate. The firm can raise new funds at the same interest rate as the mean of the interest rates of the funds it already has on hand. d