what was the difference in the low price for the first quarter of 2003 and the high price for the fourth quarter of 2002?
part ii item 5 . market for registrant 2019s common equity and related stockholder matters recent sales of unregistered securities during the fourth quarter of 2003 , aes issued an aggregated of 20.2 million shares of its common stock in exchange for $ 20 million aggregate principal amount of its senior notes . the shares were issued without registration in reliance upon section 3 ( a ) ( 9 ) under the securities act of 1933 . market information our common stock is currently traded on the new york stock exchange ( 2018 2018nyse 2019 2019 ) under the symbol 2018 2018aes . 2019 2019 the following tables set forth the high and low sale prices for our common stock as reported by the nyse for the periods indicated . price range of common stock .

| 2003 | High | Low | 2002 | High | Low |
| :--- | :--- | :--- | :--- | :--- | :--- |
| First Quarter | $4.04 | $2.72 | First Quarter | $17.84 | $4.11 |
| Second Quarter | 8.37 | 3.75 | Second Quarter | 9.17 | 3.55 |
| Third Quarter | 7.70 | 5.91 | Third Quarter | 4.61 | 1.56 |
| Fourth Quarter | 9.50 | 7.57 | Fourth Quarter | 3.57 | 0.95 |

holders as of march 3 , 2004 , there were 9026 record holders of our common stock , par value $ 0.01 per share . dividends under the terms of our senior secured credit facilities , which we entered into with a commercial bank syndicate , we are not allowed to pay cash dividends . in addition , under the terms of a guaranty we provided to the utility customer in connection with the aes thames project , we are precluded from paying cash dividends on our common stock if we do not meet certain net worth and liquidity tests . our project subsidiaries 2019 ability to declare and pay cash dividends to us is subject to certain limitations contained in the project loans , governmental provisions and other agreements that our project subsidiaries are subject to . see item 12 ( d ) of this form 10-k for information regarding securities authorized for issuance under equity compensation plans. .

low_2003 = 3.57
high_2002 = 4.11
difference = low_2003 - high_2002
answer = difference