NO.PZ2023032701000004
问题如下：
Statement: “Guardian Capital’s research process requires analysts to evaluate the reasonableness of the expectations implied by the market price by comparing the market’s implied expectations to his or her own expectations.”
According to the statement, analysts are expected to use valuation concepts and models to:
选项：
A.value private businesses
render fairness opinions
extract market expectations
解释：
Market prices reflect the expectations of investors about the future performance of companies. The analyst can evaluate the reasonableness of the expectations implied by the market price by comparing the market’s implied expectations to his own expectations. This process assumes a valuation model, as discussed in the text
B为什么不对？
