Since, no external force is acting , so the system is in equilibrium .
Initial total energy = Final total energy
[tex]mg(4.5) = mg(1.5) + \dfrac{mv^2}{2}\\\\\dfrac{v^2}{2}=3\times g \\\\v^2=3\times 9.8\times 2\\\\v = \sqrt{58.8}\ m/s\\\\v = 7.67 \ m/s[/tex] ( Here , g = acceleration due to gravity = 9.8 m/s² )
Therefore, option 1) is correct.
Hence, this is the required solution.