Arrange the following steps in a logical sequence in recourse to dishonoring a negotiable instrument:

A. Noting

B. Compensation

C. Protesting

D. Notice of dishonor

E. Penalties

Choose the correct answer from the options given below:

1
D, A, C, B, E
2
C, D, A, B, E
3
C, D, E, B, A
4
A, C, D, B, E

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