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Problem 6 (15pts.) Symbol System's common stocks paid $1.65 /share divide m's common stocks paid $1.65 share dividend last year (at time tu, Do=$1.65) and the dividends are now expected to grow indefinitely at an am percent. grow indefinitely at an annual rate of 6 (A) What is current price of the stock, if the required rate of return on stock (the discount rate on stock) is 14 percent? (4pts.) (B) What is expected price of the stock a year from today? (3pts.) (Note: The growth rate in stock price is same as growth rate in dividend). (C) Estimate the expected dividend yield for Symbol stock (3pts.). (Note: Required rate of Return equals to the sum of expected dividend yiel and growth rate of dividend.) what would be the estimated value of this stock (P) if it is expected to maintain constant dividend of $1.65 (no change in dividend) for foreseeable future? Assume the required rate of return on this stock is 10 percent. (Spts.)