Step 3: Why not aryl iodide
The \(\text{C}_\text{aryl}-\text{O}\) bond has partial double bond character because of resonance, and the iodide cannot attack an sp2 carbon of the ring.
Final Answer:
The products are phenol and an alkyl iodide.
\[ \boxed{\text{(D) }\text{phenol and alkyl iodide}} \]