The correct option is D Ovaries and produces progesterone
The corpus luteum is a temporary endocrine structure in female mammals, that is involved in the production of high amounts of progesterone. The corpus luteum develops from an ovarian follicle present in the ovary during the luteal phase of the menstrual cycle. Once, the secondary oocyte is released from the follicle during ovulation, it results in the formation of corpus luteum.
Thus, the correct answer is option C.