Answer the questions in Problem 6 by constructing a 6-step binomial tree. Again, t must equal T/n

Answer the questions in Problem 6 by constructing a 6-step binomial tree. Again, Δt must equal T/n where n is the number of steps, so Δt = 10 days here. All the parameters must be converted to use the same time units.

Data from in Problem 6 

Run 10,000 trials of a GRW with the following parameters: Δt = 1/365, T = 60 days, σ = 40 %, μ = 3 %. What fraction of outcomes: 

(a) End between 105 and 115? 

(b) End between 95 and 100? 

(c) Fall below 95 at some point but finish above 110? 

(d) Rise above 105 at some point but finish below 100?