what was the percentage cumulative total return for e*trade financial corporation for the five years ended 12/07?
december 18 , 2007 , we issued an additional 23182197 shares of common stock to citadel . the issuances were exempt from registration pursuant to section 4 ( 2 ) of the securities act of 1933 , and each purchaser has represented to us that it is an 201caccredited investor 201d as defined in regulation d promulgated under the securities act of 1933 , and that the common stock was being acquired for investment . we did not engage in a general solicitation or advertising with regard to the issuances of the common stock and have not offered securities to the public in connection with the issuances . see item 1 . business 2014citadel investment . performance graph the following performance graph shows the cumulative total return to a holder of the company 2019s common stock , assuming dividend reinvestment , compared with the cumulative total return , assuming dividend reinvestment , of the standard & poor 2019s ( 201cs&p 201d ) 500 and the s&p super cap diversified financials during the period from december 31 , 2002 through december 31 , 2007. .

|  | 12/02 | 12/03 | 12/04 | 12/05 | 12/06 | 12/07 |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| E*TRADE Financial Corporation | 100.00 | 260.29 | 307.61 | 429.22 | 461.32 | 73.05 |
| S&P 500 | 100.00 | 128.68 | 142.69 | 149.70 | 173.34 | 182.87 |
| S&P Super Cap Diversified Financials | 100.00 | 139.29 | 156.28 | 170.89 | 211.13 | 176.62 |

2022 $ 100 invested on 12/31/02 in stock or index-including reinvestment of dividends . fiscal year ending december 31 . 2022 copyright a9 2008 , standard & poor 2019s , a division of the mcgraw-hill companies , inc . all rights reserved . www.researchdatagroup.com/s&p.htm .

cumulative_return = 73.05
benchmark_return = 100
percent_return = (cumulative_return - benchmark_return) / benchmark_return
answer = percent_return * 100