Final answer:
The provided excerpts do not give enough information about Iqbal or the 'last frame' to answer what Iqbal realizes. The characters and narratives in the excerpts are unrelated to the question as posed.
Step-by-step explanation:
The question appears to be related to an understanding of character realization within a story. However, the provided excerpts do not include a character named Iqbal or any context that would allow for a definitive answer to the student's question. The excerpts reference different narratives; one involves a Student lamenting his inability to provide a red rose to his love, thereby preventing him from dancing with her. The other concerns a discussion about a wedding, and a character named Mrs. Penn having a reaction to a suggestion of having the wedding in a new barn. Without additional context or information regarding who Iqbal is and what 'last frame' is being referred to, it is not possible to determine what Iqbal realizes.