what will be the rate of return for global payments from 2002 to 2003?
stock performance graph the following line-graph presentation compares our cumulative shareholder returns with the standard & poor 2019s information technology index and the standard & poor 2019s 500 stock index for the past five years . the line graph assumes the investment of $ 100 in our common stock , the standard & poor 2019s information technology index , and the standard & poor 2019s 500 stock index on may 31 , 2002 and assumes reinvestment of all dividends . comparison of 5 year cumulative total return* among global payments inc. , the s&p 500 index and the s&p information technology index 5/02 5/03 5/04 5/05 5/06 5/07 global payments inc . s&p 500 s&p information technology * $ 100 invested on 5/31/02 in stock or index-including reinvestment of dividends . fiscal year ending may 31 . global payments s&p 500 information technology .

|  | Global Payments | S&P 500 | S&P Information Technology |
| :--- | :--- | :--- | :--- |
| May 31, 2002 | $100.00 | $100.00 | $100.00 |
| May 31, 2003 | 94.20 | 91.94 | 94.48 |
| May 31, 2004 | 129.77 | 108.79 | 115.24 |
| May 31, 2005 | 193.30 | 117.75 | 116.29 |
| May 31, 2006 | 260.35 | 127.92 | 117.14 |
| May 31, 2007 | 224.24 | 157.08 | 144.11 |

issuer purchases of equity securities on april 5 , 2007 , our board of directors authorized repurchases of our common stock in an amount up to $ 100 million . the board has authorized us to purchase shares from time to time as market conditions permit . there is no expiration date with respect to this authorization . no amounts have been repurchased during the fiscal year ended may 31 , 2007. .

global_payments_2003 = 94.20
global_payments_2002 = 100
rate_of_return = (global_payments_2003 - global_payments_2002) / global_payments_2002
answer = rate_of_return * 100