Please answer the given financial question based on the context.
Context: part ii item 5 2014market for registrant 2019s common equity and related stockholder matters ( a ) market information . the common stock of the company is currently traded on the new york stock exchange ( nyse ) under the symbol 2018 2018aes 2019 2019 . the following tables set forth the high and low sale prices for the common stock as reported by the nyse for the periods indicated . price range of common stock .
|2001 first quarter|high $ 60.15|low $ 41.30|2000 first quarter|high $ 44.72|low $ 34.25|
|second quarter|52.25|39.95|second quarter|49.63|35.56|
|third quarter|44.50|12.00|third quarter|70.25|45.13|
|fourth quarter|17.80|11.60|fourth quarter|72.81|45.00|
( b ) holders . as of march 2 , 2002 , there were 9967 record holders of the company 2019s common stock , par value $ 0.01 per share . ( c ) dividends . under the terms of the company 2019s corporate revolving loan and letters of credit facility of $ 850 million entered into with a commercial bank syndicate and other bank agreements , the company is currently limited in the amount of cash dividends it is allowed to pay . in addition , the company is precluded from paying cash dividends on its common stock under the terms of a guaranty to the utility customer in connection with the aes thames project in the event certain net worth and liquidity tests of the company are not met . the company has met these tests at all times since making the guaranty . the ability of the company 2019s project subsidiaries to declare and pay cash dividends to the company is subject to certain limitations in the project loans , governmental provisions and other agreements entered into by such project subsidiaries . such limitations permit the payment of cash dividends out of current cash flow for quarterly , semiannual or annual periods only at the end of such periods and only after payment of principal and interest on project loans due at the end of such periods , and in certain cases after providing for debt service reserves. .
Question: what was average of high and low stock prices for the first quarter of 2000?


Answer: The answer is:39.485