32 Subordinated debentures are more risky than unsubordinated debentures because the claims of subordinated debenture holders are less likely to be honored in the event of liquidation. Select one: ut of a. False question O b. True 33 Preferred dividends are paid with before-tax dollars because the dividend rate is known, whereas common stock dividends are paid with after-tax dollars d Select one: out of True g question False