Question

When Allison researches 30-year fixed-interest bonds to invest in for retirement, she finds the coupons listed below. Which bond is the least likely to be at risk of default? Assume the bonds are the same in all respects except for their coupons.

Issuer Coupon (% per annum)
City of Chicago, IL 5.00
District of Columbia 5.25
Port Authority of New York & New Jersey 4.25
State Of California 5.75

Answer 1

@tHe_FiZiCx99

Answer 2

@anonymous_user

Answer 3

@timo86m