{name} Model Equation

Spline Coefficients

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Parameter	Value	t-statistic
ω const Unconditional variance weight	1.1926	8.12***
α ARCH Response to squared shocks	0.0674	13.99***
β GARCH Volatility persistence	0.9289	182.74***

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Mondelez International Inc Spline ILLIQ Liquidity Analysis

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