The Journal Staff
Co Editors
Richard Fendler & Milind Shrikande
Georgia State University
Associate Editors
Craig Ruff
Georgia State University
Research
Georgia State University
Research
Jonathan Godbey
Georgia State University
Finance Pedagogy
Georgia State University
Finance Pedagogy
Francisco Lopez Lubian
IE Business School, Madrid
Finance Cases
IE Business School, Madrid
Finance Cases
Editorial Advisory Board
Eugene F. Brigham
University of Florida
University of Florida
Harry M. Markowitz
Harry Markowitz Company
Harry Markowitz Company
Robert C. Merton
MIT
MIT
Richard W. Roll
UCLA
UCLA
Myron S. Scholes
Stanford University
Stanford University
James C. Van Horne
Standford University
Standford University
Editorial Board
Stanley B. Block
Texas Christian University
Texas Christian University
George W. Kester
Washington and Lee University
Washington and Lee University
Mark E. Potter
Babson College
Babson College
Mona J. Gardner
Illinois Wesleyan University
Illinois Wesleyan University
Linda S. Klein
University of Connecticut
University of Connecticut
William Reichenstein
Baylor University
Baylor University
Lawrence J. Gitman
San Diego State University
San Diego State University
Dan E. McCarty
Florida Atlantic University
Florida Atlantic University
Frank K. Reilly
University of Notre Dame
University of Notre Dame
Geoffrey A. Hirt
Texas Christian University
Texas Christian University
Naval K. Modani
University of Central Florida
University of Central Florida
Betty J. Simkins
Oklahoma State University
Oklahoma State University
Douglas R. Kahl
University of Akron
University of Akron
Dennis J. O’Connor
California Statue University – Fullerton
California Statue University – Fullerton
James G. Thompkins
Kennesaw State University
Kennesaw State University
Michael Keenan
New York University
New York University
Laurence C. Pettit
University of Virginia
University of Virginia
Terry L. Zivney
Ball State University
Ball State University
The Journal of Financial Education / Advances in Financial Education is published quarterly by the Financial Education Association. Copyright by the Financial Education Association. Printed by SHERIDAN PA, Hanover, PA 17331. ISSN 00093-3961