- AGNQRD
- BGMQRD
- CGNQRE
- DINQRD
Step-by-Step Solution
Each letter is shifted one step backward (M→L, O→N, U→T, S→R, E→D). For HORSE: H→G, O→N, R→Q, S→R, E→D, giving GNQRD.
Answer: A) GNQRD
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