shareowner return performance graph the following performance graph and related information shall not be deemed 201csoliciting material 201d or to be 201cfiled 201d with the securities and exchange commission , nor shall such information be incorporated by reference into any future filing under the securities act of 1933 or securities exchange act of 1934 , each as amended , except to the extent that the company specifically incorporates such information by reference into such filing . the following graph shows a five-year comparison of cumulative total shareowners 2019 returns for our class b common stock , the s&p 500 index , and the dow jones transportation average . the comparison of the total cumulative return on investment , which is the change in the quarterly stock price plus reinvested dividends for each of the quarterly periods , assumes that $ 100 was invested on december 31 , 2002 in the s&p 500 index , the dow jones transportation average , and the class b common stock of united parcel service , inc . comparison of five year cumulative total return $ 40.00 $ 60.00 $ 80.00 $ 100.00 $ 120.00 $ 140.00 $ 160.00 $ 180.00 $ 200.00 $ 220.00 2002 20072006200520042003 s&p 500 ups dj transport .
securities authorized for issuance under equity compensation plans the following table provides information as of december 31 , 2007 regarding compensation plans under which our class a common stock is authorized for issuance . these plans do not authorize the issuance of our class b common stock. .
12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07
United Parcel Service, Inc. $100.00 $119.89 $139.55 $124.88 $127.08 $122.64
S&P 500 Index $100.00 $128.68 $142.68 $149.69 $173.33 $182.85
Dow Jones Transportation Average $100.00 $131.84 $168.39 $188.00 $206.46 $209.40
12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07
united parcel service inc . $ 100.00 $ 119.89 $ 139.55 $ 124.88 $ 127.08 $ 122.64
s&p 500 index $ 100.00 $ 128.68 $ 142.68 $ 149.69 $ 173.33 $ 182.85
dow jones transportation average $ 100.00 $ 131.84 $ 168.39 $ 188.00 $ 206.46 $ 209.40
what is the rate of return of an investment in ups from 2003 to 2004?