Step 1: {Determine velocity on hitting the surface}
Using free-fall kinematics: \[ v = \sqrt{2 g h} \] \[ v = \sqrt{2 \times 9.8 \times 4.9} \] \[ = 9.8 { m/s} \] Step 2: {Velocity after first bounce}
\[ v' = e v = \frac{3}{4} \times 9.8 \] \[ = 7.35 { m/s} \] Step 3: {Time taken from first to second bounce}
Time of flight formula: \[ t = \frac{2 v'}{g} \] \[ = \frac{2 \times 7.35}{9.8} \] \[ = 1.5 { s} \] Thus, the correct answer is 1.5 s.