D. Â When you and your friends hear this recording, it will be exciting.
An antecedent, by definition, is a word or a phrase that is referred to by an element that follows it in the same sentence or paragraph, typically.  When we look at item “D,” we are left with the question: “What will be exciting?”  Because “it” could be anything, it is safe to say that the antecedent is missing. Â