The correct options are
A The velocity of the bullet will be more than half of its earlier velocity.
C The bullet will move in a different parabolic path.
D The internal energy of the particles of the target will increase.
As the K.E is reduced by one-half so the velocity will get reduced by
√2 times as K.E. is directly proportional to the square of the velocity.
So, option A is incorrect and option B is correct
As the velocity gets reduced the path in which the bullet moves will also get changed as the equation of trajectory of the projectile motion depends on the velocity
So, option C is also correct
The KE lost by the bullet will be gained by the particles of the target.
So, option D is also correct
Hence correct answers are options B,C,D