Generally,you don't have to worry about optionality or call provisions and so it's math.

一般来说,没有必要去担心期权性风险,或赎回条款,就只是数学游戏

耶鲁公开课 - 金融市场课程节选

When a company becomes leveraged, it then becomes riskier.

当一家公司变得有杠杆性,则风险增大

耶鲁公开课 - 金融市场课程节选

So, leverage brings risk.

所以杠杆性引发风险

耶鲁公开课 - 金融市场课程节选