Please answer the given financial question based on the context.
Context: table of contents the following performance graph is not 201csoliciting material , 201d is not deemed filed with the sec , and is not to be incorporated by reference into any of valero 2019s filings under the securities act of 1933 or the securities exchange act of 1934 , as amended , respectively . this performance graph and the related textual information are based on historical data and are not indicative of future performance . the following line graph compares the cumulative total return 1 on an investment in our common stock against the cumulative total return of the s&p 500 composite index and an index of peer companies ( that we selected ) for the five-year period commencing december 31 , 2006 and ending december 31 , 2011 . our peer group consists of the following nine companies that are engaged in refining operations in the u.s. : alon usa energy , inc. ; chevron corporation ; cvr energy , inc. ; exxon mobil corporation ; hess corporation ; hollyfrontier corporation ; marathon petroleum corporation ; tesoro corporation ; and western refining , inc . our peer group previously included conocophillips ; marathon oil corporation ; murphy oil corporation ; and sunoco , inc. , but they are not included in our current peer group because they have exited or are exiting refining operations in the u.s . frontier oil corporation and holly corporation are now represented in our peer group as hollyfrontier corporation. .
||12/2006|12/2007|12/2008|12/2009|12/2010|12/2011|
|valero common stock|$ 100.00|$ 137.91|$ 43.38|$ 34.60|$ 48.28|$ 44.49|
|s&p 500|100.00|105.49|66.46|84.05|96.71|98.75|
|old peer group|100.00|127.94|98.91|94.54|112.51|130.65|
|new peer group|100.00|127.92|103.60|97.91|113.09|133.47|
1 assumes that an investment in valero common stock and each index was $ 100 on december 31 , 2006 . 201ccumulative total return 201d is based on share price appreciation plus reinvestment of dividends from december 31 , 2006 through december 31 , 2011. .
Question: what was the range for valero stock from 2007-2011?
Answer:
103.31