A company issues $5-$year $15\%$ bonds with an $$392,000$ face value. The bonds are to be compounded semiannually $($twice per year$).$ On the bond issue date the effective interest rate $($market rate$)$ of similar bonds is $11\%.$ What is the ambunt of the discount or premium at which the bond should be purchased?

Round you answer to the nearest dollar.

If a premium, enter the number as a positive. If a negative, enter the number as a negative $("")$

Make sure to use the entire factor provided on the table in your syllabus for relevant calculations. No credit will be given to answers which were calculated using rounded factors.