Consider a portfolio consisting of a single stock with current value St = 100. Each year, the stock price either increases by 4% with probability 0.8 or decreases by 4% with probability 0.2. Compute V aRα for
α ∈ {0.7, 0.95, 0.96, 0.99} over a time horizon of two years

Is the figure congruent? yes or no?

(c) the diagram shows the first three shapes of a matchsticks arrangement.first shape = 3second shape = 5third shape = 7given m represents the number of matchstick used to arrange the n'th shape.(i) write a formula to represent the relation between m and n. express m as the subjectof the formula.(ii) 19 matchsticks are used to make the p'th shape. find the value of p.

I’m still confused on how to work the percentages