Correct option is (C) (1, -2)
Midpoint of two points \((x_1, y_1)\ \text{and}\ (x_2,y_2)\) is calculated by formula \((\frac{x_1+x_2}{2}, \frac{y_1+y_2}{2})\)
Using this formula, mid-point of the the line-segment joining the points (-5, 4) and (7, -8) is:
\(=(\frac{-5+7}{2}, \frac{4+(-8)}{2})\)
\(=(\frac{2}{2}, \frac{-4}{2})\)
= (1, -2)