Step 1: Understanding the Nernst equation.
The Nernst equation relates the standard electrode potential (E°) to the equilibrium constant (K) for a reaction:
\[
\Delta G = -nFE = -RT \ln K
\]
For two-electron change reactions:
\[
E = \frac{RT}{nF} \ln K
\]
Step 2: Substituting values.
At 25°C, \( E = 0.295 \, \text{V} \), \( n = 2 \), and using the known constants:
\[
0.295 = \frac{0.0592}{2} \log K
\]
Solving for \( K \), we get:
\[
K = 10^{10}
\]
Step 3: Conclusion.
The correct answer is (2) \( 1 \times 10^{10} \).