Which of the follow best describes intrinsic value?

a) Intrinsic value is the market price of any security or asset.

b) Intrinsic value is the long-term, fundamental price of a companys stock assuming that it incorporates all available information about the companys current and long-term plans and opportunities.

c) Intrinsic value is the value any of us places on things of personal interest to us. It consists of the nonmoney value that is often hard to translate into dollars.