The peroxodisulfate ion can oxidize iodide ions to iodine according to the balanced equation S2O8^2- + 2I^- -> 2SO4^2- + I2. The reaction is catalyzed by certain chemical species. Identify the catalyst in the following mechanism:
step 1: Fe3+ + 2I- -> Fe2+ + I2
step 2: S2O8^2- + Fe2+ -> 2SO4^2- + Fe3+
A. I-
B. Fe2+
C. SO4^2-
D. Fe3+"