The magnetic moment of a transition metal ion can be calculated using the formula:
\[
\mu = \sqrt{n(n+2)} \, \text{BM}
\]
Where:
- \( n \) is the number of unpaired electrons.
Given that the ion has 3 unpaired electrons, we substitute \( n = 3 \) into the formula:
\[
\mu = \sqrt{3(3+2)} = \sqrt{3 \times 5} = \sqrt{15} \approx 3.87 \, \text{BM}
\]
Thus, the magnetic moment of the divalent ion with three unpaired electrons is 3.87 BM. Therefore, the correct answer is (C) 3.87 BM.