Jamal owns an annuity that pays him equal annual payments for each of the next 10 years. His friend Mason offers to purchase the annuity from Jamal for $10,000 today. Assuming Jamal has a required return of 7%, and that he refuses Mason's offer to purchase the annuity, what do you know about the annuity payment? payment - 1,000 payment - 1.423.78 payment 1.423.78