C

问题如下：

Below list some statements about private equity securities, and which is incorrect?

选项：

A.

Private equity securities can not be sold on secondary markets.

B.

Private equity securities have market-determined quoted prices.

C.

Private equity securities are primarily issued to institutional investors.

解释：

B is correct.

Private equity securities have no market-determined quoted prices.

考点：Private Equity and Non-domestic Equity Securities

私募股权因为是非上市公司的股票所以不能在二级市场上交易，既然是非上市公司的股权自然没有市场的报价（所以B错）。私募股权主要向机构投资者进行配售。如下为原版书对private equity securities的描述。

Private equity securities are issued primarily to institutional investors in private placements and do not trade in secondary equity markets. There are three types of private equity investments: venture capital, leveraged buyouts, and private investments in public equity (PIPE).