Does this help-just ask MrGoogle but if you want you can go all the way back to when the bonds had been taken out and you will find it there
What is the 'Conversion Price'
The conversion price is the price per share at which a convertible security, such as corporate bonds or preferred shares, can be converted into common stock.
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BOND
INDENTURE
CONVERTIBLE HEDGE
REVERTIBLE
BREAKING DOWN 'Conversion Price'
The conversion price is determined when the convertible security is issued and can be found in the bond indenture (in the case of convertible bonds) or in the security prospectus (in the case of convertible preferred shares). The conversion price is essential in determining the number of shares to be received, by computing the quotient of the principal value of the convertible security divided by the conversion price. Usually, the conversion price is set at a significant amount higher than the current price of the common stock, so as to make conversion desirable only if a company's common shares experience a significant increase in value.
LNC Price at posting:
99.5¢ Sentiment: None Disclosure: Held
