Steps to Accomplish

The Facet Curve tool inside Curves tool or Curve Utility tools can achieve this.

Facet to provides different options: Line strings, arcs, point, etc

You can also key-in DROP CURVE to get the Facet Curve Tool

The method used are distinct in the following methods:

Equal Arc Length — The B-spline curve is evaluated evenly along the arc. Each segment has the same arc length, as defined by the value for Number.
Equal Chord Length — The B-spline curve is evaluated at a given number of points such that the distance between each successive point is the same.
Fixed Chord Length — The distance between each pair of successive points evaluated is the same as the chord length.
Max. Chord Height — The maximum chord height for all of the line segments is less than the Chord Height.
Equal Parameter Length — The B-spline curve is evaluated evenly in the parameter space by the Number value.

Note: To get more accurate results increase the "Number" value in the Facet Curve tool.

This value represents the number of segments used to approximate the curve.

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Original Author:

Maria Munoz