Read the following statements (i to v) and answer the question.

i) It produces several hormones like hCG, hPL, estrogens, progestogens etc.

ii) It differentiates into three embryonic membranes – ectoderm, endoderm and mesoderm.

iii) It undergoes mitotic division.

iv) It is the organ, formed in the lining of the uterus by the union of the uterine mucous membrane with the membranes of the foetus.

v) It develops at a point of implantation and providing oxygen and nutrients for the foetus and transfer of waste products from the foetal to the maternal blood circulation.

Identify the correct characteristics feature regarding placenta from the above statements.