please show all works and calculation steps by steps

LEHMAN EXTRA CREDIT ASSIGNMENT Name: Date: New Castle clinic has been asked to provide exclusive health care services for next year's world health exposition. Although flattered by the request the clinic's managers want to conduct a financial analysis of the project. An upfront cost of$150,000 is needed to get the clinic ready. Then a net cash flow of $1 million is expected from operations in each of the two years of the exposition. However, the clinic has to pay the organizers of the exposition a fee for the marketing value of the opportunity. This fee, which must be paid at the end of the second year, is $2 million 1. What is the project's internal rate of return (IRR)