Which of the following phrases (i), (ii), and (iii) given below each sentence should replace the phrase printed in bold letters to make the sentence grammatically correct? Choose the best option among the five given alternatives that reflect the correct use of phrase in the context of the grammatically correct sentence. If the sentence is correct as it is, mark (E) i.e., "No correction required" as the answer. The co-production agreement has already resulted in several film ventures being signed, and this would hopefully open up the market for more Indian films and television programs. i. and this hopefully open up the market ii. and this hopefully opened up the market iii. and this is hopefully opening up the market