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	param	t-stat
$ω$	1.0187	6.16
$α$	0.1800	9.16
$β$	0.8027	36.24
$γ_{1}$	-0.3005	-3.69

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Kakao Pay Corp Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:0.50 (-0.01)

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