Why are futures contracts defined as symmetrical contracts

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Problem

1. Why are futures contracts defined as symmetrical contracts, while options, caps, and floors are described as asymmetrical contracts? How is the asymmetry dealt with in the latter type of contracts?

2. Explain how loan syndication has fostered international financial growth, particularly with regard to loans to governments (sovereign loans). What is the difference between a participation syndicate and a direct loan syndicate?

Reference no: EM131917696

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