Consider the following reaction.
MnO4−(aq)+8H+(aq)+5Fe2+(aq)→Mn2+(aq)+5Fe3+(aq)+4H2O(l)
Which statement is correct?
a. MnO4− is the oxidizing agent and it loses electrons.
b. MnO4− is the reducing agent and it loses electrons.
c. MnO4− is the oxidizing agent and it gains electrons.
d. MnO4− is the reducing agent and it gains electrons.