Answer
$\frac{GMm}{2r}$
Work Step by Step
We can find the expression for the kinetic energy of a satellite as follows:
$F_{centripetal}=F_{gravity}$
$\implies \frac{mv^2}{r}=\frac{GMm}{r^2}$
$\implies v^2=\frac{GM}{r}$
We know that
$K.E=\frac{1}{2}mv^2$
$\implies K.E=\frac{1}{2}m(\frac{GM}{r})$
$K.E=\frac{GMm}{2r}$