Identify the correct order of reactivity in electrophilic substitution reactions of the following compounds.
(a) $\mathrm{I}>\mathrm{II}>\mathrm{III}>\mathrm{IV}$
(b) IV $>\mathrm{III}>\mathrm{II}>\mathrm{I}$
(c) $\mathrm{II}>\mathrm{I}>\mathrm{III}>\mathrm{IV}$
(d) $\mathrm{II}>\mathrm{III}>\mathrm{I}>\mathrm{IV}$