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	param	t-stat
$m$	31
$α$	0.1857	0.85
$β$	0.7004	30.11
$γ$	-0.1857	-0.41
$λ_{1}$	10.0000	0.16
$λ_{2}$	0.0794	1.02
$λ_{3}$	0.9206	38.89

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Middleburg Financial Corp ILLIQ-MFMEM Liquidity Analysis

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Parameter Estimates

News Impact Curve

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