Following are three independent projects Peanut$/$Pecan Processing $($PPP$)$ is evaluating:

PPP generally considers risk when examining projects by adjusting its average required rate of return, $r,$ which equals $12$ percent. A $4$ percent adjustment is made for high$-$risk projects, and a

$2$ percent adjustment is made for low$-$risk projects. Which project$($s$)$ should PPP purchase? Round your answers to the nearest whole number.

Thus,

should be purchased.