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	param	t-stat
$ω$	1.1150	6.29
$α$	0.1600	8.18
$β$	0.7401	21.87
$γ_{1}$	-0.5534	-6.76
$γ_{2}$	0.7504	6.22
$γ_{3}$	-0.7051	-6.27

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LNR Property LLC Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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