List the following stocks and bonds in order from highest default risk to lowest default risk: • A municipal bond in a city with a population of 150,000
• A US bond
A preferred stock in a 150-year old firm with good business practices
(4 points)

1)US bond, municipal bond, preferred stock
2)US bond, preferred stock, municipal bond
3)preferred stock, US bond, municipal bond
4)preferred stock, municipal bond, US bond