Suppose you have the opportunity to place a bet on an NBA playoff game. On Friday, June 11th, the Phoenix Suns will play the Denver Nuggets. If you wager $1 on the Phoenix Coyotes and they win, you will receive your initial $1 wager back plus an additional $1.05. If you believe that these payouts represent a fair bet, calculate the likelihood of Phoenix winning the game as determined by these payouts. Round your answer to the nearest percentage point. That is, if you estimate the likelihood to be 21.12 percent, just enter 21 in the submission field.