Step 1: Concept
For any square matrix $A$, $(A + A^T)$ is always a symmetric matrix.
Step 2: Analysis
$P = \frac{1}{2}(A + A^T)$.
Taking transpose on both sides: $P^T = (\frac{1}{2}(A + A^T))^T = \frac{1}{2}(A^T + (A^T)^T)$.
Step 3: Conclusion
$P^T = \frac{1}{2}(A^T + A) = P$.
Since $P^T = P$, it is a symmetric matrix.
Final Answer: (A)