Question: (2) (12 points) Recall the binomial random walk we introduced in class, whereby in any timestep t the random variable can evolve from S (t)

(2) (12 points) Recall the binomial random walk
(2) (12 points) Recall the binomial random walk we introduced in class, whereby in any timestep t the random variable can evolve from S (t) to uS(t) with probability p or to USU) with probability 1 p, where u > 1 and 0

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