1+1=?

Bonds guy, with nose pointing to the sky:
"Inflation-adjusted, with the latest unemployment numbers in, looking at the yield on Japanese Government Securities, the answer is two point zero zero zero zero"

Derivatives guy, with nose in martini:
"You can hedge your position by going long on a call with strike price at Two"

Equities guy, with nose couple of inches from television:
"At current levels of PE multiples, seven to seven-half. But people are talking about a possible re-rating taking it down to five. But I see this being backed by strong fundamentals. So I look at a buy at around six levels."

Place your bets, ladies and gentlemen.