Following are three independent projects Peanut/Pecan Processing (PPP) is evaluating: Project IRR Risk P 8.0% Low Q 9.5 Average R 13.0 High 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. Project Risk-Adjusted r Acceptable? P % Select - V Q % Select - V R % Thus should be purchased