According to the 2009 amendment to TILA, all of the following is true regarding the average prime offer rate except:

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According to the 2009 amendment to TILA, all of the following is true regarding the average prime offer rate except:

A. An APR derived from average interest rates, points, and other loan pricing terms currently offered to consumers

B. They represent mortgage transactions that have low-risk pricing characteristics

C. The average prime offer rate for both fixed and adjustable rate loans is published in a table and updated at least weekly

D. The average prime offer rate includes data used for a construction loan

Answer: D

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