问题如下：
4. According to Statement 5, analysts are expected to use valuation concepts and models to:
选项：
A.value private businesses.
B.render fairness opinions.
C.extract market expectations.
解释：
C is correct.
Market prices reflect the expectations of investors about the future performance of companies. The analyst can evaluate thereasonableness of the expectations implied by the market price by comparing the market’s implied expectations to his own expectations. Thisprocess assumes a valuation model, as discussed in the text.
这个知识点在哪一章节，具体哪一块有讲到过吗，完全没有印象，并且不知道题目和答案想表达什么
