Swanson Inc. purchased P$400,000$ of Malone Corp. ten$-$year bonds with a stated interest rate of $8$ percent payable quarterly. At the time the bonds were purchased, the market interest rate was $12$ percent. Determine the amount of premium or discount on the purchase of the bonds.C$.$ P$81,143$ premiuma. P$92,442$ premiumd. P$81,143$ discountb. P$92,442$ discounte. No discount nor premium