Which of the following actions would be appropriate if the intrinsic value of ABC's stock is $100 and the market price is $80?

a. The company should issue shares to purchase another company as their shares are overvalued

b. The company should issue shares to purchase another company as their shares are undervalued

c. The company should consider repurchasing their shares as they are undervalued

d. The company should consider repurchasing their shares as they are overvalued