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	param	t-stat
$ω$	0.9820	7.30
$α$	0.2144	14.39
$β$	0.7629	46.29
$γ_{1}$	-0.1586	-6.09
$γ_{2}$	0.2790	5.23

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Hironic Co Ltd Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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