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From the preceding results we can say that triangular arbitrage is approximately ruled out as a source of riskless profit. However , we need to

From the preceding results we can say that triangular arbitrage is approximately ruled out as a source of riskless profit.However, we need to add the word"approximately" since A.trading hours across currency markets are not synchronized.B.collusion among traders can allow for some triangular arbitrage.C.transitory but veryshort-lived profit opportunities do arise.D.All of the above.

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