Answer: D. H₂0
Calvin-Benson cycle is a set of chemical reactions that takes place in chloroplast during the process of photosynthesis. This is a light- independent cycle as the light energy is already trapped in light dependent cycle of photosynthesis. It utilizes NADPH and ATP products of light dependent reactions for synthesis of trios sugar glyceraldehyde-3-phosphate as product of Calvin-Benson cycle.