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Option 2 : (iii) and (iv)
The paragraph states that the subject was very confident about his good friends helping him in his times of need because he had always helped them before in their time. Thus, inference III follows. Since the events of the last week proved him wrong, this means that his confidence was broken and his friends had not helped him. Thus inference 4 also follows.
Hence option 2 is the correct answer.
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