a$.$ The current price of a stock is $$109\mathrm{.}55.$ If dividends are expected to be $$1\mathrm{.}00$ per share for the next six years, and the required return is $5\%,$ then what should the price of the stock be in $6$ years when you plan to sell it$?$

The price $6$ years from now will be $ $($Round your response to the nearest dollar.$)$

b$.$ If the dividend and required return remain the same, and the stock price is expected to increase by $$1$ six years from now, does the current stock price also increase by $$1?$

A$.$ Yes, the current stock price will increase by $$1$ because the current stock price should not be discounted by the required return.

B$.$ No$,$ the current stock price will not increase by $$1$ because the future stock price is discounted by the required return.

C$.$ The answer is uncertain as stock prices can be very unpredictable.