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Tybalt is Juliet's cousin, originally, Tybalt wanted to duel Romeo instead. But since he and Juliet are married, he cannot fight Tybalt as he is basically his cousin-in-law, thus, Romeo rejects Tybalt's challenge. Mercutio finds this quite cowardly as a result he himself challenges Tybalt to fight.
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Based on the given sentence above, I can say that it is a compound sentence. What makes this sentence compound is that, it consists of two independent clauses and are connected by a coordinating conjunction "so". Therefore, the answer for this would be the last option: two independent clauses.