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	param	t-stat
$ω$	2.2777	6.37
$α$	0.1303	10.63
$β$	0.8337	48.45
$γ_{1}$	-0.0753	-2.06
$γ_{2}$	0.2035	3.62
$γ_{3}$	-0.3831	-6.71

V-Lab

Validus Holdings Ltd Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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