MG Corp. had 1 million shares outstanding, with the stock trading at $30. It had a wholly-owned subsidiary, Pheldi Corp. MG decides to carve out 20% of Pheldi by means of an IPO, and pays out the proceeds ($2 million) as a special dividend to MG's shareholders. MG then spins off Pheldi Corp. by sending each shareholder a share of Pheldi for every two of MG. Immediately after the spinoff, MG's stock price falls to $23, and Pheldi trades at $20. From these numbers, we can deduce that the IPO price was _______ and the event return for MG shareholders was _______.