Because the linear functionals agree with endpoint point evaluations on continuous functions,
The endpoint values also make linearly independent. By its definition, the image of a linear map lies in . Conversely , so acts as the identity operator on . Thus
For every , , whence . It is a linear projection, and an annihilating polynomial is
Let . Since both linear functionals have operator norm one, for every the triangle inequality gives
Taking the essential supremum proves .
For the reverse bound, continuity and the extreme value theorem give with . Choose complex of modulus one so that , taking if . The continuous function
has supremum norm one by the triangle inequality and its endpoint values. Since ,
The output is continuous, so its L-infinity norm equals its supremum norm, including when is an endpoint. Therefore , and the exact operator norm is
This is the norm of a two-endpoint interpolation projection.
From , one is an eigenvalue. Zero is also an eigenvalue: the nonzero continuous function has both endpoint values zero, so .
For , the linear projection identity gives an explicit bounded inverse:
Multiplying on either side by yields . There are no other points in the spectrum, and thus the spectrum of a nontrivial bounded projection here is
Let , as calculated in part (ii). Its endpoint values ensure . Since for all ,
This verifies the spectral radius formula explicitly:

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