Option 2 : WF

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We Know,

The given series,

IV, FR, CN, ZJ, ?

Here, the two different patterns are followed,

For the first letter,

I − 3 = F − 3 = C − 3 = Z − 3 = **W**

For the second letter,

V − 4 = R − 4 = N − 4 = J − 4 = **F**

Therefore, the next term is **WF.**

Hence, the correct answer is **WF.**

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