Based on the terminology in Viney & Phillips (2019), which of the following is NOT an interest-sensitive asset for a six-month planning period of an insurance office?

Select one:

a.

A 5-year zero-coupon debenture

b.

A 10-year government bond

c.

A 180-day bank bill

d.

A 90-day promissory note

e.

A 10-year discounted coupon debenture