Exponential splines
A) is another name for the polynomial spline approach used in yield-curve estimation.
B) Are more parsimonious than polynomial splines in using fewer parameters in yield-curve estimation.
C) Posit a different functional form for the yield curve than do polynomial splines.
D) Satisfy both properties (b) and (c) listed above.

Question

Exponential splines
A) is another name for the polynomial spline approach used in yield-curve estimation. 
B) Are more parsimonious than polynomial splines in using fewer parameters in yield-curve estimation.
C) Posit a different functional form for the yield curve than do polynomial splines.
D) Satisfy both properties (b) and (c) listed above.

Quizplus · Accepted Answer

The Answer of Exponential splines
A) is another name for the polynomial spline approach used in yield-curve estimation. 
B) Are more parsimonious than polynomial splines in using fewer parameters in yield-curve estimation.
C) Posit a different functional form for the yield curve than do polynomial splines.
D) Satisfy both properties (b) and (c) listed above.

Exponential Splines