Step 1: Use the relation between wavelength and frequency.
The wavelength of the electromagnetic wave is
\[
\lambda=\frac{c}{f},
\]
where
\[
c=3\times10^8\ \text{m s}^{-1}
\]
and
\[
f=1500\ \text{MHz}
=1500\times10^6\ \text{Hz}
=1.5\times10^9\ \text{Hz}.
\]
Thus,
\[
\lambda
=
\frac{3\times10^8}{1.5\times10^9}.
\]
\[
\lambda
=
2\times10^{-1}\ \text{m}.
\]
\[
\lambda
=
0.2\ \text{m}
=
20\ \text{cm}.
\]
Step 2: Determine the minimum antenna length.
For efficient transmission, the minimum length of an antenna is approximately
\[
L=\frac{\lambda}{4}.
\]
Therefore,
\[
L=\frac{20}{4}\ \text{cm}.
\]
\[
L=5\ \text{cm}.
\]
Step 3: Final conclusion.
Hence, the minimum size of the antenna is
\[
\boxed{5\ \text{cm}}
\]
Therefore, the correct option is
\[
\boxed{(2)}
\]