Answer:
C) Undervalue.
Step-by-step explanation:
Context plays a vital role in determining the meaning of the word as suggested by the author. It acts as a cue that allows the readers to connect to the viewpoint that the author is willing to convey and understand it effectively.
In the given excerpt from 'The Gift of the Magi', the author has employed hyperbole to show Della's pride in her long beautiful hair. Therefore, he establishes a comparison that her gold hair 'undervalue'(or depreciate) all the wealth and jewels of Queen Sheba and her amazing gifts to king Solomon. The idea of using the word 'depreciate' is to reflect how proud Della is of her hair that she may consider it more precious and valuable than all of the queen's wealth. Thus, option C is the correct answer.