{"pre_text": ["management 2019s discussion and analysis jpmorgan chase & co .", "/ 2008 annual report 39 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co .", "( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 stock index and the s&p financial index .", "the s&p 500 index is a commonly referenced u.s .", "equity benchmark consisting of leading companies from different economic sectors .", "the s&p financial index is an index of 81 financial companies , all of which are within the s&p 500 .", "the firm is a component of both industry indices .", "the following table and graph assumes simultaneous investments of $ 100 on december 31 , 2003 , in jpmorgan chase common stock and in each of the above s&p indices .", "the comparison assumes that all dividends are reinvested .", "this section of the jpmorgan chase 2019s annual report for the year ended december 31 , 2008 ( 201cannual report 201d ) provides manage- ment 2019s discussion and analysis of the financial condition and results of operations ( 201cmd&a 201d ) of jpmorgan chase .", "see the glossary of terms on pages 230 2013233 for definitions of terms used throughout this annual report .", "the md&a included in this annual report con- tains statements that are forward-looking within the meaning of the private securities litigation reform act of 1995 .", "such statements are based upon the current beliefs and expectations of jpmorgan december 31 ."], "post_text": ["december 31 , ( in dollars ) 2003 2004 2005 2006 2007 2008 s&p financial s&p 500jpmorgan chase chase 2019s management and are subject to significant risks and uncer- tainties .", "these risks and uncertainties could cause jpmorgan chase 2019s results to differ materially from those set forth in such forward-look- ing statements .", "certain of such risks and uncertainties are described herein ( see forward-looking statements on page 127 of this annual report ) and in the jpmorgan chase annual report on form 10-k for the year ended december 31 , 2008 ( 201c2008 form 10-k 201d ) , in part i , item 1a : risk factors , to which reference is hereby made .", "introduction jpmorgan chase & co. , a financial holding company incorporated under delaware law in 1968 , is a leading global financial services firm and one of the largest banking institutions in the united states of america ( 201cu.s . 201d ) , with $ 2.2 trillion in assets , $ 166.9 billion in stockholders 2019 equity and operations in more than 60 countries as of december 31 , 2008 .", "the firm is a leader in investment banking , financial services for consumers and businesses , financial transaction processing and asset management .", "under the j.p .", "morgan and chase brands , the firm serves millions of customers in the u.s .", "and many of the world 2019s most prominent corporate , institutional and government clients .", "jpmorgan chase 2019s principal bank subsidiaries are jpmorgan chase bank , national association ( 201cjpmorgan chase bank , n.a . 201d ) , a nation- al banking association with branches in 23 states in the u.s. ; and chase bank usa , national association ( 201cchase bank usa , n.a . 201d ) , a national bank that is the firm 2019s credit card issuing bank .", "jpmorgan chase 2019s principal nonbank subsidiary is j.p .", "morgan securities inc. , the firm 2019s u.s .", "investment banking firm .", "jpmorgan chase 2019s activities are organized , for management reporting purposes , into six business segments , as well as corporate/private equity .", "the firm 2019s wholesale businesses comprise the investment bank , commercial banking , treasury & securities services and asset management segments .", "the firm 2019s consumer businesses comprise the retail financial services and card services segments .", "a description of the firm 2019s business segments , and the products and services they pro- vide to their respective client bases , follows .", "investment bank j.p .", "morgan is one of the world 2019s leading investment banks , with deep client relationships and broad product capabilities .", "the investment bank 2019s clients are corporations , financial institutions , governments and institutional investors .", "the firm offers a full range of investment banking products and services in all major capital markets , including advising on corporate strategy and structure , cap- ital raising in equity and debt markets , sophisticated risk manage- ment , market-making in cash securities and derivative instruments , prime brokerage and research .", "the investment bank ( 201cib 201d ) also selectively commits the firm 2019s own capital to principal investing and trading activities .", "retail financial services retail financial services ( 201crfs 201d ) , which includes the retail banking and consumer lending reporting segments , serves consumers and businesses through personal service at bank branches and through atms , online banking and telephone banking as well as through auto dealerships and school financial aid offices .", "customers can use more than 5400 bank branches ( third-largest nationally ) and 14500 atms ( second-largest nationally ) as well as online and mobile bank- ing around the clock .", "more than 21400 branch salespeople assist ."], "table": [["( in dollars )", "2003", "2004", "2005", "2006", "2007", "2008"], ["jpmorgan chase", "$ 100.00", "$ 109.92", "$ 116.02", "$ 145.36", "$ 134.91", "$ 100.54"], ["s&p financial index", "100.00", "110.89", "118.07", "140.73", "114.51", "51.17"], ["s&p500", "100.00", "110.88", "116.33", "134.70", "142.10", "89.53"]], "table_ori": [["(in dollars)", "2003", "2004", "2005", "2006", "2007", "2008"], ["JPMorgan Chase", "$100.00", "$109.92", "$116.02", "$145.36", "$134.91", "$100.54"], ["S&P Financial Index", "100.00", "110.89", "118.07", "140.73", "114.51", "51.17"], ["S&P500", "100.00", "110.88", "116.33", "134.70", "142.10", "89.53"]]}

Question: based on the belief and expectations of the jpmorgan chase expectations what was the ratio of the jpmorgan chase to the s&p financial index performance at december 312008
Evidence:
table_1: ( in dollars ) the jpmorgan chase of 2003 is $ 100.00 ; the jpmorgan chase of 2004 is $ 109.92 ; the jpmorgan chase of 2005 is $ 116.02 ; the jpmorgan chase of 2006 is $ 145.36 ; the jpmorgan chase of 2007 is $ 134.91 ; the jpmorgan chase of 2008 is $ 100.54 ;
table_2: ( in dollars ) the s&p financial index of 2003 is 100.00 ; the s&p financial index of 2004 is 110.89 ; the s&p financial index of 2005 is 118.07 ; the s&p financial index of 2006 is 140.73 ; the s&p financial index of 2007 is 114.51 ; the s&p financial index of 2008 is 51.17 ;
Program: divide(100.54, 51.17)
Answer:
str_answer: 1.96
exe_answer: 1.96482