Two identical circular rods of same diameter and same length are subjected to same magnitude of axial tensile force. One of the rods is made out of mild steel having the modulus of elasticity of 206 GPa. The other rod is made out of a cast iron having the modulus of elasticity of 100 GPa. Assume both the materials to be homogenous and isotropic and the axial force causes the same amount of uniform stress in both the rods. The stresses developed are within the proportional limit of the respective materials. Which of the following observations is correct?