LI CHEN IS A CFA CANDIDATE AND AN EQUITY RESEARCH ANALYST AT AN IND...

6.

Li Chen is a CFA candidate and an equity research analyst at an independent research firm. She is contacted by Granite Technologies, Inc., to write an issuer-paid research report on the company to increase awareness of Granite's stock within the investment community. W hich statement best represents how Chen should respond to this assignment request? She should: A. negotiate a flat fee and disclose this relationship in her report. B. accept long-term warrants on Granite's stock in lieu of any cash compensation. C. decline to write the report because doing so would compromise her independence.