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	param	t-stat
$ω$	0.9167	6.57
$α$	0.1994	19.42
$β$	0.7996	77.59
$γ_{1}$	-0.0770	-4.37
$γ_{2}$	0.1601	5.81

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Kodaco Co Ltd Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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