Lupercal alludes to an important patriotic festival, and celebrating Caesar's triumphant return at the same indicates his high position in Rome. Thus, option "D" is correct.
This was a festival that was celebrated in the ancient city of Rome in order to purify the city.
The excerpt from which this question was lifted stated that the Marullus made reference to the Lupercal and this makes him afraid.
Flavius tries to tell him that there was no need for fear given that the festival was important.
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