Intrinsic Value of NTDOY

On Wednesday, May 2nd Nintendo closed at 38,650 yen on the Tokyo Stock Exchange. That was down 150 yen or 0.38% from the previous close. As of 8 AM New York time, the U.S. dollar was trading at 120.185 yen. Accordingly, the intrinsic value of NTDOY at the start of Wednesday's trading in New York is $40.20. The Tokyo Stock Exchange will be closed on May 3 and May 4.