Razor (View Engine):
<a href="https://stackoverflow.com/questions/989005/@Url.Action("ActionName", "ControllerName")">
<img src="@Url.Content("~/Content/img/imgname.jpg")" />
</a>
ASPX (View Engine):
<a href="https://stackoverflow.com/questions/989005/<%= Url.Action("ActionName", "ControllerName") %>">
<img src="<%= Url.Content("~/Content/img/imgname.jpg") %>" />
</a>
Obviously, if you do this more than once, write a helper for it. And fill in the other attributes of img/a. But this should give you the general idea.