As defined by the 2009 amendment to TILA, which of the following best represents the correct measurement for “higher-priced” loans:

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As defined by the 2009 amendment to TILA, which of the following best represents the correct measurement for “higher-priced” loans:

A. The APR exceeds the average prime offer rate on a first lien loan by 1.5 percentage points

B. The APR exceeds the average prime offer rate on a junior lien loan by 3.5 percentage points

C. The APR exceeds the average prime offer rate on a first lien loan by 8.0 percentage points

D. Both “A” and “B”

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