Multiple Choice
Which of the following is NOT a property of a cubic spline?
A) It is flexible concerning the number of knot points to be used.
B) It uses third-order polynomials in time .
C) There are three parameters in each function between pairs of knot points.
D) It is capable of accommodating a wide variety of shapes for the yield curve.
Correct Answer:

Verified
Correct Answer:
Verified
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