Financial report context:
common stock from time to time through open market purchases or privately negotiated transactions at prevailing prices as permitted by securities laws and other legal requirements , and subject to stock price , business and market conditions and other factors . we have been funding and expect to continue to fund stock repurchases through a combination of cash on hand and cash generated by operations . in the future , we may also choose to fund our stock repurchase program under our revolving credit facility or future financing transactions . there were no repurchases of our series a and b common stock during the three months ended december 31 , 2013 . the company first announced its stock repurchase program on august 3 , 2010 . stock performance graph the following graph sets forth the cumulative total shareholder return on our series a common stock , series b common stock and series c common stock as compared with the cumulative total return of the companies listed in the standard and poor 2019s 500 stock index ( 201cs&p 500 index 201d ) and a peer group of companies comprised of cbs corporation class b common stock , scripps network interactive , inc. , time warner , inc. , twenty-first century fox , inc . class a common stock ( news corporation class a common stock prior to june 2013 ) , viacom , inc . class b common stock and the walt disney company . the graph assumes $ 100 originally invested on december 31 , 2008 in each of our series a common stock , series b common stock and series c common stock , the s&p 500 index , and the stock of our peer group companies , including reinvestment of dividends , for the years ended december 31 , 2009 , 2010 , 2011 , 2012 and 2013 . december 31 , december 31 , december 31 , december 31 , december 31 , december 31 .

Financial table:
december 312008: disca; december 312009: $ 100.00; december 312010: $ 216.60; december 312011: $ 294.49; december 312012: $ 289.34; december 312013: $ 448.31; column_7: $ 638.56
december 312008: discb; december 312009: $ 100.00; december 312010: $ 207.32; december 312011: $ 287.71; december 312012: $ 277.03; december 312013: $ 416.52; column_7: $ 602.08
december 312008: disck; december 312009: $ 100.00; december 312010: $ 198.06; december 312011: $ 274.01; december 312012: $ 281.55; december 312013: $ 436.89; column_7: $ 626.29
december 312008: s&p 500; december 312009: $ 100.00; december 312010: $ 123.45; december 312011: $ 139.23; december 312012: $ 139.23; december 312013: $ 157.90; column_7: $ 204.63
december 312008: peer group; december 312009: $ 100.00; december 312010: $ 151.63; december 312011: $ 181.00; december 312012: $ 208.91; december 312013: $ 286.74; column_7: $ 454.87

Additional report context:
equity compensation plan information information regarding securities authorized for issuance under equity compensation plans will be set forth in our definitive proxy statement for our 2014 annual meeting of stockholders under the caption 201csecurities authorized for issuance under equity compensation plans , 201d which is incorporated herein by reference. .

Question: what was the five year average uncompounded annual return for the s&p 500?
Answer: 20.93