Multiple Choice Question

Bond H and Bond L are zero$-$coupon bonds that have $10-$years remaining until maturity, but Bond H has a higher yield to maturity than Bond L$.$ Bond H$\text{'}$s duration is Blank$\_\_\_\_\_\_$ Bond L$\text{'}$s duration. When the yields of both bonds increase by $50$ basis points, the percentage drop in bond price will be Blank$\_\_\_\_\_\_.$

Multiple choice question.

the same as; greater for Bond L than Bond H

shorter than; greater for Bond L than Bond H

the same as; the same for both bonds

shorter than; the same for both bonds