The integrated rate law for a first-order reaction is given by:
\[
\ln \left( \frac{[A]_0}{[A]} \right) = kt
\]
where:
- \([A]_0\) is the initial concentration,
- \([A]\) is the concentration at time \( t \),
- \( k \) is the rate constant,
- \( t \) is the time.
We are given:
\[
[A]_0 = 2 \, {mol L}^{-1}, \quad [A] = 0.125 \, {mol L}^{-1}, \quad t = 1 \, {hr} = 60 \, {min}.
\]
Substituting the values into the integrated rate law:
\[
\ln \left( \frac{2}{0.125} \right) = k \times 60
\]
Calculating the left-hand side:
\[
\ln \left( 16 \right) = k \times 60 \quad \Rightarrow \quad 2.7726 = k \times 60
\]
Solving for \( k \):
\[
k = \frac{2.7726}{60} = 0.04621 \, {min}^{-1}
\]
Now, we use the formula for the half-life of a first-order reaction:
\[
t_{1/2} = \frac{\ln 2}{k}
\]
Substituting the value of \( k \):
\[
t_{1/2} = \frac{0.693}{0.04621} \approx 15 \, {min}
\]
Thus, the half-life period of the reaction at 400K is \( \boxed{15 \, {min}} \).