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	param	t-stat
$ω$	31.1840	4.13
$α$	0.1378	9.50
$β$	0.8510	50.42
$γ_{1}$	0.1201	8.64
$γ_{2}$	-0.1335	-7.12
$γ_{3}$	-0.0065	-0.70

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Ordina Nv Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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