An analyst is scheduled to visit the corporate headquarters of a firm he's covering. He expects to use the information obtained to complete his research report on the stock. He learns that the company plans to pay all of his expenses, including meals, hotel room, and air transportation. Which of the following actions would be the best course of action under the CFA Institute Code and Standards?

Accept the expense-paid trip but disclose the value of the services accepted in the report.

Write the report without taking the trip.

Pay for all travel expenses, including costs of meals and incidental items.