Which of the following is not considered an interest-rate sensitive industry?

Question

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The building industry, banking industry, and financial services industry are all highly sensitive to interest rates as changes in rates can have a significant impact on borrowing costs and investment returns. However, the tobacco industry is less sensitive as it is not as dependent on borrowed funds and interest rate fluctuations have a relatively smaller impact on its operations.

Which of the Following Is Not Considered an Interest-Rate Sensitive