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	param	t-stat
$ω$	1.7943	11.33
$α$	0.0653	11.05
$β$	0.9093	98.83
$γ_{1}$	-0.0108	-2.77
$γ_{2}$	0.0031	0.53
$γ_{3}$	0.0150	2.63

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Pepco Holdings LLC Spline ILLIQ Liquidity Analysis

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Date Range:

Parameter Estimates

News Impact Curve

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