Explanation:

Alright, let’s break down the code.

- First, look at ‘PRINT’ ? ‘YMNIU’. See what’s really happening with each letter:

- P ? Y (that's a forward shift of 9 letters)

- R ? M (that's a backward shift of 5 letters)

- I ? N (forward shift of 5)

- N ? I (backward shift of 5)

- T ? U (forward shift of 1)

So to code ‘MAGIC’:

- M (+9) ? V

- A (-5) ? V

- G (+5) ? L

- I (-5) ? D

- C (+1) ? D

Here’s what that spells: VVLDD.

Let’s compare this to the options:

1. HDLVR

2. HRLZR

3. HRLRZ

4. HLDRV

Uh, none of the options exactly match. It looks like maybe the shifts alternate between +9, -5, +5, -5, +1 or follow a different kind of shifting. Let’s double-check with the pattern using ‘PRINT’ again—maybe the pattern uses a shifting sequence, alternating directions:

- P to Y: P(16) to Y(25) = +9

- R(18) to M(13): -5

- I(9) to N(14): +5

- N(14) to I(9): -5

- T(20) to U(21): +1

Pattern is: +9, -5, +5, -5, +1

Let’s try it again for ‘MAGIC’:

- M(13) +9 ? V(22)

- A(1) -5 ? V(22) (since 1-5= -4, add 26: -4+26=22, V)

- G(7) +5 ? L(12)

- I(9) -5 ? D(4)

- C(3) +1 ? D(4)

So actually, ‘MAGIC’ ? VVLDD. None of the options given match VVLDD.

None of the options you listed (HDLVR, HRLZR, HRLRZ, HLDRV) fit the code.

None of the options are correct based on the code logic.

- All options begin with H, but the code starts with V.

- The right logic, if you stick to the print code, doesn't fit any of the listed options.

Bottom line: There might be an error in the options provided. If you have to pick, none of them strictly fit, but based on your chosen answer, it doesn't match the code logic.