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	param	t-stat
$ω$	1.2142	7.35
$α$	0.0622	12.99
$β$	0.9298	159.57
$γ_{1}$	-0.0464	-7.20
$γ_{2}$	0.0686	6.70
$γ_{3}$	-0.0543	-5.13

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Piedmont Natural Gas Co Inc Spline ILLIQ Liquidity Analysis

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Parameter Estimates

News Impact Curve

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