what fraction of the bonds does he believe are high quality

Time Running: Hide Attempt due Oct 20 at 11.55pm 35 Minutes, 33 Seconds An investor values high quality bonds at $8,000 and values low quality bonds at $5,000. The investor cannot observe the bond's type prior to purchase. If the maximum price the investor is willing to pay for a bond is $6,800, then what fraction of the bonds does he believe are high quality? Proctoring Support uvechat Phone 74% 60% 52% 47% MacBook Pro 9 LU alt command option