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We study the -theory and Swan theory of the group ring , when is a finite group and is any ring or ring spectrum. In this setting, the well-known assembly map for has a companion called the coassembly map. We prove that their composite is the equivariant norm of . This gives a splitting of both assembly and coassembly after -localization, a new map between Whitehead torsion and Tate cohomology, and a partial computation of -theory of representations in the category of spectra.

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