moodle/lang/en/help/exercise/grade.html

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<p align="center"><b>The Grade of the Exercise</b></p>
<p>This value determines the maximum grade which can be awarded in
the exercise. The range is 0 to 100%.. This value can be changed at
any time during the exercise. Any change has an immediate effect in
the Grades page, the grades given to assessments and submissions and the
display of the final finals and the League Table (if the assignment is
in that phase).</p>