Step 1: Understanding the moment of inertia.
The moment of inertia for a bent rod about the axis passing through the midpoint and perpendicular to the plane of the bent rod is a combination of the moments of inertia of two segments of the rod. Each segment has its own moment of inertia based on the formula for a rod rotating about an axis through its end.
Step 2: Formula application.
For a uniform rod of length \( L \) and mass \( M \), the moment of inertia about the axis through its center is \( \frac{ML^2}{12} \). Since the rod is bent at the midpoint at a 45° angle, the moment of inertia of each half is calculated accordingly. The final result is \( \frac{ML^2}{12} \).
Step 3: Conclusion.
The correct answer is \( \frac{ML^2}{12} \), as calculated by applying the principle of moments of inertia for a bent rod.