Choose the missing terms out of the given alternatives : M, N, O, L, R, I, V, ?

The missing term is T. The sequence is a list of letters that are two places apart on the alphabet, starting with M.

M, N, O, L, R, I, V, T

M is two places before N, N is two places before O, O is two places before L, L is two places before R, R is two places before I, I is two places before V, and V is two places before T.