Both A and C are correctly written, but they have different meaning in whose life cycle the author is describing, the snails or the parasite. Because the original sentence is correct as written in referring to the parasite's life cycle, we should not change the meaning of the sentence by selecting C and replacing 'its' with 'their'. The trap in this question was to tempt you to do this by hoping you would confuse the word "parasite's" as being plural.