R. Stafford Johnson is Professor of Finance at the Williams College of Business at Xavier University. Since receiving his Ph.D in Economics from the University of Kentucky in 1975, he has taught at Central Michigan University, Southern Illinois University, University of North Carolina at Charlotte, and the University of Connecticut. He also was the Director for Research, Center for Public Affairs, University of Kentucky and Research Economist for the Center for Energy Research. At Xavier, he was department chair from 1988-1998, fund professor of the Xavier Student Investment Bond and Equity Funds from 2004 to 2010, and the Director of the Fifth-Third Trading Center from 2010-2011. In 2011, he served as the Interim Dean of the Williams College of Business. His current research focuses on option pricing, fixed-income and debt management, efficient gambling markets, monetary theory, and international economics. He is the author of five monographs and five books: Options and Futures, Introduction to Derivatives, two editions of Bond Evaluation, Selection, and Management, and Debt Markets and Analysis. He has also authored or co-authored over 50 academic articles, appearing in journals such as Applied Economics, Journal of Financial Education, International Review of Economics and Business, Journal of Economics, Quarterly Journal of Business and Economics, Columbia Journal of World Business, Journal of Economics and Business, The Financial Review, Journal of Sports Economics, Review of Quantitative Finance and Accounting, Journal of Economics and Business, and The American Economist. Professor Johnson teaches undergraduate and MBA classes in investments, options and futures markets, debt markets, financial markets, and global finance. He was the recipient of the Delta Sigma Pi Teacher of the Year Award in 1996 and 1998.