Will the internal rate of return for becoming a dermatologist as opposed to a healthcare consultant be greater

or less than your answer to part A$?$ Explain. There is no need to calculate the internal rate of return to answer

this question!

I will pick a career with more backloaded returns if its internal rate of return exceeds the interest rate. Since I

do prefer to be a dermatologist at the current interest rate implied by my discount rate, the internal rate of

return of becoming a dermatologist must be greater than $11\mathrm{.}11\%.$