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	param	t-stat
$ω$	1.0607	4.28
$α$	0.1612	12.37
$β$	0.8328	62.54
$γ_{1}$	-0.0542	-0.50
$γ_{2}$	0.0010	0.01
$γ_{3}$	0.1310	0.61

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FBR & Co Spline ILLIQ Liquidity Analysis

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