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Formalize the simple forward rate and FRA fair-value identity

In formal-mathfin, define the simple forward rate from structural zero-coupon-bond discount factors, define FRA value, and prove the fair-rate zero identity using positivity/nonzero discount-factor facts rather than tautological let-bindings.

Why this problem

The owner explicitly delisted a vacuous autoformalizer draft and specified the honest repair. This is low mathematical difficulty with real value: it exercises whether the engine can turn a rejected tautology into a structurally meaningful formal theorem.

Verification contract

The algebra is field_simp/ring-level, but acceptance requires a structural use of MathFin.zcb and zcb_pos, an axioms-clean benchmark, the repository audit, and passing CI.

Tracking
Difficulty
3/10
Attempts
0
Last attempt
Not yet
Source status
open
External validation
none
Techniques and harnesses
Lean 4zero-coupon bondsfield_simpring normalizationaxiom audit
Resumable campaign memory

Research map

0 epochs · 0 promising · 0 blocked · 0 ruled out
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