Step 1: Start from the first-order law:
At $t = t_{1/2}$, $[A] = [A]_0/2$, so $kt_{1/2} = \ln 2 = 0.693$.
Step 2: Rearrange:
$k = \dfrac{0.693}{1386}$. Note that $1386 = 2 \times 693$.
Step 3: Simplify:
$k = \dfrac{1}{2 \times 1000} = 5 \times 10^{-4}$ s$^{-1}$, which is $0.5 \times 10^{-3}$ s$^{-1}$, option B.
Final Answer:
Since 0.693 / 1386 = 5e-4, the rate constant is 0.5e-3 per second.
\[ \boxed{\text{(B) }0.5 \times 10^{-3}\ \text{s}^{-1}} \]