Which of the following is not a benefit of the spline method

Reference no: EM13279236

Which of the following is not a benefit of the spline method of estimating discount functions across a spectrum of maturities? a) Splined curves allow fitting linear functions of maturity between an arbitrarily large number of knot points. b) Splines allow fitting curves flexibly to a high degree of fit. c) Splined curves are continuous d) Splined curves are smooth

Reference no: EM13279236

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